Pepper stays flat in limited trade

Spot pepper markets on Tuesday remained unchanged on limited activities. No activities have taken place today on the terminal market as there were no arrivals due to rains. Sellers were quoting ₹690 a kg while the buyers were offering ₹680-685. Spot prices remained steady at ₹68,000 (ungarbled) and ₹71,000 (garbled) a quintal. Active contracts, June, July and August on the IPSTA remained unchanged at ₹71,000, ₹70,000 and ₹69,000 a quintal respectively. Export prices were at $10,700 a tonne c&f for Europe and $10,950 for the US following strengthening of the rupee against the dollar.