Friday, 26 April 2013

Today Commodity News for Pepper futures 26 April 2013

Pepper futures witnessed high volatility on Thursday (25 April 2013) and on buying support, the active contract ended slightly higher.

May contract opened on a firmer note at Rs 35,345 per quintal and traded with high volatility all through the sessions. At close, prices fell to Rs 35,160.

May contracts on the NCDEX increased by Rs 45 to Rs 35,240. Total turnover went up by 111 tonnes to 303 tonnes . Total open interest decreased by 31 tonnes to 1,115 tonnes.

Spot prices remained unchanged at the previous levels of Rs 34,200 (ungarbled) and Rs 35,700 (garbled).

Indian parity in the international market was $6,800 per tonne (c&f) for prompt shipping and $6,700 per tonne (c&f) for the May shipment.

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