According to the latest updates from India Pepper and Spice Trade Association (IPSTA), Kochi, Pepper arrivals in Kochi Mandi decreased to 120 quintals on Tuesday on 24th July 2012 from 220 quintals, meanwhile offtakes slumped to 90 quintals from 230 quintals as on Monday.
Black Pepper for ready delivery in Kochi, closed Tuesday's trading session on positive note with MG-1 at Rs 41,900, up by Rs 300 and Un-Garbled pepper at Rs 40,400, up by Rs 300 per 100 kg.
The NCDEX Pepper August contract ended the session higher at Rs 43,590, up by Rs 440 or 1.02% over the last close. The contract traded in the range of Rs 43,050-43,700 per quintal.
Powered by Commodity Insights