Spot pepper market continued to move up further on Friday on good demand. There were more buyers than sellers. On the terminal market 37 tonnes were traded at ₹590-615 a kg.
Spot prices increased by 300 a quintal to close at ₹59,500 (ungarbled) and ₹62,500 (garbled) a quintal. March contract on the IPSTA remained unchanged at ₹63,000 a quintal. Indian export prices were at $9,750 a tonne c&f to Europe and $10,000 a tonne c&f for US.