Pepper markets stay steady

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Pepper markets on Wednesday ruled steady on limited activities. On the terminal market, 16 tonnes were traded at ₹655-665 a kg. Besides, 20 tonnes of exchange released pepper were traded outside at ₹658 and small and medium dealers were covering, trade sources told BusinessLine. Spot prices remained unchanged at ₹64,900 (ungarbled) and ₹67,900 (garbled) a quintal. April, May and June contracts on the IPSTA also stayed steady at ₹67,000, ₹66,000 and ₹65,000. Export prices were at $10,400 a tonne c&f for Europe and $10,650 for the US.

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