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Pepper futures fall marginally on weak export demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:57 AM IST

Pepper prices traded marginally lower by Rs 11 to Rs 23,915 per quintal in futures trade today due to weak export demand. 

At the National Commodity and Derivatives Exchange, pepper for delivery in May traded lower by Rs 11, or 0.05 per cent, to Rs 23,915 per quintal, with an open interest of 1,908 lots.

Similarly, the spice for delivery in April lost Rs 10, or 0.04 per cent, to Rs 23,624 per quintal, with a business turnover of 8,817 lots.

Analysts said weak export demand led to the fall in pepper prices at futures trade.

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First Published: Mar 25 2011 | 1:30 PM IST

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