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09-May2013

Pepper trade down on rise in new crop supply

Pepper trade down on NCDEX due to rising new crop supply from major pepper producing areas. Also, quality issues in warehouse stocks are putting pressure on the market sentiments.

The contract for May delivery was trading at Rs 36200.00, down by 0.12% or Rs 45.00 from its previous closing of Rs 36245.00. The open interest of the contract stood at 371.00 lots.


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