Pepper slips on sluggish demand, adequate supply

Posted By: Pti
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Mumbai, Feb 16 (PTI) Black pepper prices dipped furtherin the spices market here today on lower demand from stockistsamid fresh arrivals from key producing regions.

Meanwhile, ginger bleached and unbleached continued toremain steady in the absence of market-moving factors.

Black pepper fell by Rs five per kg to Rs 248-265 fromTuesday''s closing level of Rs 253-270.

There was no trade in copra varieties on account of"Id-E-Milad".

Following are today''s closing rates in Rs, with theprevious rates in brackets:

Black pepper (per kg) 248/265 (253/270), ginger bleached(per kg) 160 (160), ginger unbleached (per kg) 190 (190),copra office Alapuzha (per quintal) Closed (7,050), copraoffice Kozhikode (per quintal) Closed (6,900), copra RajapurMumbai (per quintal) Closed (8,500) and copra edible Mumbai(per quintal) Closed (8,000).

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