Black pepper firms up on sustained demand

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MUMBAI: Black pepper strengthened further at the Spices market here today on sustained retail demand on the back of restricted arrivals from key producing regions.

While, ginger and copra prices held stable in the absence of any large-scale buying activity.

Black pepper climbed by Rs 10 per kg to Rs 521/561 from Thursday’s closing level of Rs 511/551.

Following are today’s closing rates in Rs with previous rates in brackets:

Black pepper (per kg) 521/561 (511/551), ginger bleached (per kg) 183 (183), ginger unbleached (per kg) 193 (193), copra office Alapuzha (per quintal) 7,200 (7,200),copra office Kozhikode (per quintal) 7,100 (7,100), copra Rajapur Mumbai (per quintal) 9,000 (9,000) Copra edible Mumbai (per quintal) 8,200 (8,200).

Source: India Times

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