At NCDEX Pepper May contract closed at Rs.28381 after witnessing a high of 28744 and a low of Rs.27836.
Vietnam had exported 25128 tons in first quarter but it is less by 11 percent compared with last year figures. In Vietnam the local prices traded near $ 5700 per ton and pepper prices had increased 66 percent compared with the prices at the beginning of the year.
As per trade sources, International prices of MG1 traded near $6300 per quintal and widening price spread between Indian and Vietnam prices is expected the affect the price sentiments in short term. For the latest updates PRESS CTR + D or visit Stock Market news Today
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