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India pepper ends down on low export demand, output woes.


Date: 23-12-2009
Subject: India pepper ends down on low export demand, output woes

MUMBAI, Dec 21 (Reuters) - India pepper futures ended down on Monday as lack of export demand and worries over higher output in the coming season hurt sentiment, analysts said.

Domestic prices are also expected to ease further from January, when the new crop arrivals start, analysts said.

However, losses were capped by thin domestic stocks, they said.

Spot pepper fell by over 26 rupees to end at 14,377.45 rupees per 100 kg in Kochi, a major trading hub in Kerala.

Following are the closing prices of pepper futures in rupees per 100 kg on the National Commodity and Derivatives Exchange Ltd

Source : REUTERS


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