Business Standard

Pepper falls 0.6% on weak export demand

Expectations of higher output also influenced pepper prices

Press Trust of India New Delhi
Pepper futures for April fell by Rs 205, or 0.57% to Rs 35,770 per quintal in 1,324 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the May contract traded lower by Rs 120, or 0.33% to Rs 35,800 per quintal in 984 lots.

Prices went down as speculators offloaded their positions on weak export demand.

Expectations of higher output this year also influenced pepper prices.

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First Published: Mar 25 2013 | 2:32 PM IST

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