MTECHTIPS:Pepper futures witnessed mixed trend IN Dec Month
Pepper futures witnessed a mixed trend with the near month contract closed higher on extended short covering. The staggered delivery period that started on Wednesday along with higher production prospects, weigh on the price trend. The Open Interest for December contract fell by 1181 tonnes while that of February and March contract increased by 77 tonnes and 90 tonnes correspondingly. As per the recent report from IPC, India is estimated to have exported around 1000 tonnes in October 2012 against 2500 tonnes in October 2011. During Jan-Oct 2012, export from India was around 15700 tonnes as against 18000 tonnes same period last year. Up to December 2012, around 17500 tonnes of pepper is expected to be exported from India.


    Comments are closed.

    NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.