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Agri Commodities Preview: NCDEX Black Pepper futures falls


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NCDEX Black Pepper futures plunged to a fresh contract low yesterday amid global cues from physical market. NCDEX Pepper futures for October dropped to Rs 43,250 per quint and ended close Rs 43,500 per quintal due to some buying activity emerged in intraday trade. Even though pepper supply in Indonesia is limited, traders were not able to push the price up amid a choppy sentiment in global market. The market is watching anxiously the price movement in Vietnam. The steady drop in pepper prices in Vietnam in the last few weeks has worsened pepper prices around other locations also...... Read More 

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