Breaking News

You are here » Indian-Commodity  :  Commodities  :  Pepper  :  Pepper futures trade down on increased supply

17-May2013

Pepper futures trade down on increased supply

Pepper futures trade down on NCDEX due to increase in arrivals in major spot markets. Amid talks, that the Forward Markets Commission may not to allow NCDEX to launch new pepper contracts until the outcome of a court case on market manipulation by some brokers impacted the sentiment.

The contract for June delivery was trading at Rs 35600.00, down by 0.25% or Rs 90.00 from its previous closing of Rs 35690.00. The open interest of the contract stood at 127.00 lots.


Related News

View all news

Government imposes MIP on pepper at Rs 500 per kg

The Centre has imposed a Minimum Import Price (MIP) on pepper at Rs 500 per kg. The commerce ministry said it has set the MIP on pepper at Rs 500 per kg as proposed by the Spices Board in order to protect......

MCX launches trading in Malabar Garbled Black Pepper futures

Multi Commodity Exchange of India (MCX), India's No. 1 commodity exchange, has launched trading in Malabar Garbled Black Pepper futures contract on July 24, 2017. This step has been taken by the exchange......

NCME modifies, re-activates pepper futures contracts

The National Multi Commodity Exchange of India (NCME) has incorporated modification in its pepper futures contracts and is going to reactivate pepper contract. All the existing running contracts of Pepper......

Top News

View all news

Infosys to enter into agreement with The House Fund II

Infosys is going to enter into an agreement with The House Fund II, L.P., an AI-focused fund targeting startups from the University of California - Berkeley, committing to invest $10.0 million.......

EID Parry receives approval for investment Rs 70 crore in PSRIPL

EID Parry (INDIA) has received approval for investment upto Rs 70 crore in the equity share capital of Parry Sugars Refinery India (PSRIPL), a wholly owned subsidiary of the Company. The Board of directors......

SBI raises Rs 1,251 crore by issuing Basel III-compliant bonds

State Bank of India (SBI) has raised Rs 1,251.30 crore by issuing Basel III-compliant bonds. The Committee of Directors for Capital Raising at its meeting held on 22 March 2019 deliberated and accorded......