Pepper futures rise on strong buying support
Friday, 9 July 2010
India pepper futures extended the early gains and touched the first upper circuit in the afternoon trading sessions lead by strong buying support, reports Commodity Online.
The International Pepper Community projected lower crop for largest producer Vietnam at 90,000 tonnes against 100,000 tonnes last year.
India's output also revised lower against the early projected crop size of 50,000 tonnes and the domestic consumption is strong at 60,000 tonnes per annum.
The International Pepper Community projected lower crop for largest producer Vietnam at 90,000 tonnes against 100,000 tonnes last year.
India's output also revised lower against the early projected crop size of 50,000 tonnes and the domestic consumption is strong at 60,000 tonnes per annum.