Kochi: Pepper futures market on Aug 30, improved after declining in recent days on some purchasing interest. All the contracts increased by over Rs 200 a quintal. Indonesia, where harvesting has begun, also decreased its prices to $3,250-3,350 a tonnes (f.o.b.), while Indian parity was also at this level but on c&f. Some good quantity of 400 GL reported to have been bought by Indian extractors from Indonesia. International market remained steady. September contract on NCDEX increased on Aug 30, by Rs 252 a quintal to Rs 11,819. The rise in other contracts was from Rs 192 to Rs 283 a quintal. On NMCE, September contract moved up by Rs 276 a quintal to Rs 11,760. The increase in other contracts except December and January was at Rs 87 to Rs 336 a quintal. December and January fell by Rs 178 and Rs 427 a quintal respectively. The total turnover on NCDEX fell by 152 tonnes to 17,292 tonnes.
Source : www.indian-commodity.com
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