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Tuesday, 1 March 2011

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Pepper plunges on subdued demand

  • Tuesday, 1 March 2011
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  • Pepper futures edged lower on Vietnam arrival sentiments which offset decline in arrivals in the domestic market. As per trade sources, Vietnam farmers are unlikely to sell their produce if the prices continued to decline in the international market scenario. However undervaluation of Vietnam currency will ameliorate this situation with its conversion surplus against dollar. In the



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