BLACK PEPPER TRADES HIGHER IN SPOT MARKET
Date: 19/3/2012
Black pepper prices are showing upmove in the spot markets and traded higher on fresh buying. Black pepper un-garbled quoted at Rs 41,000 per quintal and MG-1 at Rs 42,000 a quintal in spot market. The arrivals of new pepper has not yet picked up supporting the prices and the gains is mainly due to aggressive buying by inter-State dealers from Gudalur and Erode in Tamil Nadu.
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