Pepper Futures Are Trading Mixed On Monday (09-Jan-2012)
Pepper futures are trading mixed the front month contract has recovered marginally in the new week, increased arrivals amid absence of fresh export demand has kept trend weak for the commodity. The commodity prices have been witnessing weakness in international markets too expecting fresh crop arrivals. However traders are of the view that the prices may get steady as the new crop arrivals from the southern districts of Kerala were in small quantities.
The contract for January delivery was trading at Rs 31,645.00, up by 0.08% or Rs 25.00 from its previous closing of Rs 31,710.00. The open interest of the contract stood at 5892 lots.
The contract for February delivery was trading at Rs 32,000.00, down by 0.33% or Rs 105.00 from its previous closing of Rs 32,105.00. The open interest of the contract stood at 1617 lots on NCDEX.
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