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Friday, 18 February 2011

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Pepper futures decline on weak export demand

  • Friday, 18 February 2011
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  • Pepper prices fell by Rs 106 to 23,772 per quintal in futures trade today as speculators reduced their positions, triggered by weakening export demand. At the National Commodity and Derivatives Exchange, pepper for delivery in March contract fell by Rs 106, or 0.44 per cent, to Rs 23,772 per quintal, with an open interest of 9,162 lots. Similarly, the spice for delivery in February moved down



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