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Black pepper surges on heavy demand

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Press Trust of India Mumbai
Black pepper prices surged further in an otherwise lacklustre spices market here today on heavy demand from stockists as well as exporters amidst restricted arrivals from producing belts.

Meanwhile, copra and ginger prices maintained a stable trend in the absences of any worthwhile buying.

Black pepper shot-up by Rs 15/10 per kg to Rs 395/435 from Tuesday's closing level of Rs 380/425.

Following are today's closing rates in Rs with previous rates in brackets:

Black pepper (per kg) 395/435 (380/425), ginger bleached (per kg) 180 (180), ginger unbleached (per kg) 190 (190), copra office Alapuzha (per quintal) 4,950 (4,950), copra office Kozhikode (per quintal) 4,850 (4,850), copra Rajapur Mumbai (per quintal) 6,300 (6,300) Copra edible Mumbai (per quintal) 5,900 (5,900).

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First Published: Jun 26 2013 | 3:35 PM IST

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