Pepper rules steady

Pepper prices continued to stay steady on Thursday as no activities were taking place on the terminal due to non-arrival of materials. Inter-state dealers were buying directly from the farmgates at terminal market prices on cash and carry basis and despatching to north Indian markets, they said. Spot prices remained unchanged at ₹69,000 (ungarbled) and ₹72,000 (garbled) a quintal.August, September and October contracts on the IPSTA stayed steady at ₹72,000, ₹71,000 and ₹70,000 a quintal respectively. Export prices were at $10,950 a tonne c&f for Europe and $11,200 a tonne c&f for US.