Kochi: Pepper futures market saw slight improvement on purchasing support on Mat 30. State Warehousing Corporation has made available some space and about 25 truckloads of pepper would be stored there in two days. In the international market Vietnam was said to be better with FAQ 500 GL moving up to $3,650 a tonne (f.o.b.). V Asta was being quoted at $4,000 (f.o.b.). Indonesia and Brazil were firm at $3,900-3,950 a tonne (f.o.b.). Indian parity was at $3,850-3,900 a tonne (f.o.b.) and hence remained competitive. Jun contract on NCDEX increased to Rs 27 a quintal on May 30, to close at Rs 13,690 from Rs 13,663 on May 29.
On NMCE June contract improved by Rs 68 a quintal to close at Rs 13,350 from Rs 13,282. July and October fell by Rs 45 and Rs 50 a quintal respectively while August and November increased by Rs 245 and Rs 50 a quintal respectively. September remained unchanged. The total turnover on NCDEX fell by 7,190 tonne to 18,635, while on NMCE it fell by 422 tonne to 1,961 tonne. The total open interest on NCDEX fell by 14 tonne to 25,106 tonne. June fell by 357 tonne to 11,139 tonne while July and August improved by 141 tonne and 183 tonne respectively to 9,255 tonne and 2,906 tonne.On NMCE total open interest moved up by 67 tonne to 3,404 tonne. June position also increased by 68 tonne to 2,474 tonne.
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