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10-May2011

Pepper Commodities Extend Its Rise On Tuesday

Pepper commodities have prolonged its increases on Tuesday after the main deals moved higher circuit levels during the last dealing; the continuing cost improve gets help from worldwide small present. Based on the Worldwide Pepper Group, global pepper production this season will drop by about 6,500 tonnes in opposition to 2010 to 310,000 tonnes because of negative climate conditions and insects in many delivering nations.

The agreement for May supply was buying and selling at Rs 30203.00, upward by 1.65% or Rs 489.00 from their past ending of Rs 29714.00. The available interest of the deal was standing at 6533 lots.

The deal for June shipment was dealing at Rs 30538.00, increase by 2.04% or Rs 610.00 from their earlier finishing of Rs 29928.00. The interest of the deal stood at 12375 lots on NCDEX.

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