According to the latest updates from India Pepper and Spice Trade Association (IPSTA), Kochi, Pepper arrivals in Kochi Mandi increased to 650 quintals on Monday on 13th August 2012 from 210 quintals, meanwhile offtakes jumped to 600 quintals from 200 quintals as on Saturday.
Black Pepper for ready delivery in Kochi, closed Monday's trading session on positive note with MG-1 at Rs 42,500, up by Rs 300 and Un-Garbled pepper at Rs 41,000, up by Rs 300 per 100 kg.
The NCDEX Pepper August contract ended the session higher at Rs 44,155, up by Rs 255 or 0.58% over the last close. The contract traded in the range of Rs 43,710-44,435 per quintal.
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