Monday, 4 April 2011
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Pepper rises on weak arrivals
Spot prices of Black pepper as well as Futures w-w ended 3.36% and 3.82% higher respectively owing to decline in the arrivals amidst improved buying by the local stockists. Anticipation of demand from the overseas buyers will control pepper prices from falling sharply down. Indian pepper prices in the international market are being offered at $5,700/tonne as compared to $5500/tonne in the
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