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| Think Tank |
This week we focus on a complete analysis of the
Banking Industry
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Kochi pepper steady
Our Bureau
Kochi, Sept 26: Black pepper maintained it firm stand on the Kochi pepper market during the week ended Friday. Arrivals was thin and traders were forced to buy on higher levels to cover their position, trade sources said.Brisk trading was reported in October contracts, the only available futures. The shrinkage in contracts also led to high volatility and uncertainty in the market. Traders had now turned to spot pepper which has become the only way out for covering their positions. However, the limited arrivals of the spot material has put further upward pressure on prices. The traders are also keeping their figures crossed as there is no clue about the coming crop next year. Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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