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07-May2011

Pepper Gets Back On NCDEX

Pepper commodities recovered Friday on the force in regular delivers and decreased stocks. Decreasing stocks along with other pepper providing nations also helped the uptrend.

At NCDEX Pepper May deal shut down at Rs.28381 soon after watching a top of 28744 and a minimal of Rs.27836.

Vietnam had released 25128 lots in 1st quarter but this is reduced by 11 % in comparison with past year statistics. In Vietnam the regional rates bought and sold close to $ 5700 per lot and pepper costs had improved 66 % in comparison with the costs at the start of the season.

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