Kochi: Indian pepper has become competitive, with the fall in the futures prices and the continuous decrease of the rupee against the dollar. Last week, the November and December contracts increased by Rs 128 and Rs 3 a quintal to close at Rs 11,500 and Rs 11,465 respectively. All the other contracts fell by Rs 2-316 a quintal on NCDEX. Fall in prices on NMCE ranged from Rs 146 to 325 a quintal. Total volume increased by 4,266 tonnes to 36,923 tonnes.
Total open interest fell by 292 tonnes to 14,538 tonnes. November open interest fell by 1,209 tonnes. Spot prices declined by Rs 300 a quintal during the week to close at Rs 11,100 and Rs 11,700 (MG 1) a quintal at Nov 1 close.
Total open interest fell by 292 tonnes to 14,538 tonnes. November open interest fell by 1,209 tonnes. Spot prices declined by Rs 300 a quintal during the week to close at Rs 11,100 and Rs 11,700 (MG 1) a quintal at Nov 1 close.
No comments:
Post a Comment