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India pepper ends steady on low export demand, stocks.


Date: 28-12-2009
Subject: India pepper ends steady on low export demand, stocks

MUMBAI, Dec 24 (Reuters) - Indian pepper futures ended steady on Thursday as pressure from low export demand was offset by support from low stocks, analysts said.

Expectations of low arrivals in the coming weeks also hurt prices, they said.

New crop arrivals will hit the market from January.

Spot pepper rose by 123 rupees to end at 14,102.8 rupees per 100 kg in Kochi, a major trading hub in Kerala.

Following are the closing prices of pepper futures in rupees per 100 kg on the National Commodity and Derivatives Exchange Ltd.

Source : REUTERS


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