(September 21) – Although domestic demand has weakened, prices offered by major pepper growing states remain stable, according to trade sources. Business Line.
Karnataka pepper is offered at Rs 695 / kg delivered anywhere in India, while pepper from the lowlands of Wayanad district in Kerala is traded within Rs 695 / kg and pepper in the High Mountains is available. traded at Rs 700 a kg.
Yesterday, Tuesday 20/9, on the futures market only 7 tons of pepper were bought by local traders at the corresponding prices. In contrast, export trading companies and processors are seeking to buy Sri Lanka pepper offered at USD 9,000 / ton, while Vietnamese pepper continues to decline at USD 7,500 / ton.
On the IPSTA Spices Association's Floor, October, November and December contracts remained stable at Rs 72,000 / kg, Rs 66,000 / kg and Rs 63,000 (equivalent to USD 10,739 / ton, 9,844). USD / ton and 9,396 USD / ton).
Spot prices eased by Rs 300 compared to the previous month, to Rs 68,900 / quintal (US $ 10,276 / ton) for the pint and at Rs 71,900 / quintal (US $ 10,724 / ton) for the pre-processed grade.
The price of Indian specialty pepper was valued at US $ 11,075 / tonne (c & f) for Europe and US $ 11,325 / tonne (c & f) for the US shipment, increasing by US $ 200 – 225 compared to the first day of the month.
* According to a report of the General Department of Vietnam Customs, exports in the first half of September 2016 reached 4,858 tons of pepper of all kinds, with a turnover of US $ 39.66 million, up 31.69% in volume and 13, 54% in value compared to the same period last year. The average export price during the period reached 8,164 USD / ton, down 0.68% compared to the average export price of August 2016.
* Exchange rate: USD 1 = Rs 67,0476
Source English (giacaphe.vn)
Source link
