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| ncdex tips |
Pepper futures have continued their slide for yet another day on Tuesday on the back of weak export demand in the mandis. At the same time high arrivals of the crop in Vietnam too pressurized the prices, the lower price in Vietnam has affected the export demand of the Indian parity.
The contract for March delivery was trading at Rs 22100.00, down by 0.90% or Rs 201.00 from its previous closing of Rs 22301.00. The open interest of the contract stood at 4739 lots.
The contract for April delivery was trading at Rs 22540.00, down by 1.01% or Rs 230.00 from its previous closing of Rs 22770.00. The open interest of the contract stood at 7987 lots on NCDEX.
