Indian pepper market: Pepper prices stabilized again due to limited activities.

Indian pepper market: Pepper prices stabilized again due to limited activities.
Indian pepper market: Pepper prices stabilized again due to limited activities.
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P2 pepper

The state of Maharashtra has a population of over 110 million, with the capital Mumbai as the financial capital of India, one of the largest and most politically important states of India.

Follow Business Line, while Maharashtra and Haryana state markets were closed for local council elections on Wednesday October 15, making pepper trading activities limited, with virtually no significant changes. to tell.

Spot delivery, with 2 tons of pepper from the High Mountains and was traded at Rs 695 / kg. Pepper from the plains is being offered at Rs 675 / kg, while Pulpally and Bathery from Wayanad district mixed with Kodagu pepper of 535-540 Gr / l have been offered at Rs 685 / kg but The buyer wants to pay Rs. 680. The seller offered a semi-processed pepper for Rs 690.

On the IPSTA Spices Association, November delivery was stable while December, January and February delivery dropped by Rs 1,000 a quintal per contract, to Rs 73,460 a quintal, 64,666 Rs / quintal, Rs 63,800 / quintal and 64,026 Rs / quintal (equivalent to USD 11,933 / ton, USD 10,504 / ton, USD 10,364 / ton and USD 10,400 / ton).

Spot prices remained unchanged at Rs 67,800 / quintal (US $ 11,013 / ton) for the pint and 70,800 Rs / quintal (US $ 11,501 / ton) for the semi-processed pepper.

Export price of MG1 specialty pepper decreased slightly to US $ 11,900 / ton (c & f) for Europe and 12,150 USD / ton to the US.

* According to preliminary data of the General Department of Vietnam Customs, exports in September 2014 reached 7,161 tons of pepper of all kinds, with a turnover of US $ 67.59 million, down 21.3% in volume and down 20.6 % in value compared to the previous month. In the first 9 months of the year, 139,635 tons of pepper were exported with a turnover of US $ 1.06 billion, up 24.4% in volume and 41.5% in price over the first 9 months of 2013. Pepper prices The average export in the month reached 9,439 USD / ton, increasing by 0.92% compared to the average export price of the previous month.

* (Exchange rate: USD 1 = Rs 61,5617)

English (Giacaphe.vn)


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