According to the latest updates from India Pepper and Spice Trade Association (IPSTA), Kochi, Pepper arrivals in Kochi Mandi decreased to 120 quintals on Thursday on 19th July 2012 from 150 quintals, meanwhile offtakes slumped to 120 quintals from 150 quintals as on Wednesday.
Black Pepper for ready delivery in Kochi, closed Thursday's trading session on steady note with MG-1 at Rs 41,600 and Un-Garbled pepper at Rs 40,100 per 100 kg.
The NCDEX Pepper August contract ended the session higher at Rs 43,350, up by Rs 180 or 0.42% over the last close. The contract traded in the range of Rs 43,110-43,670 per quintal.
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