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EPIC AGRI COMMODITY UPDATE:PEPPER 11th march 2013

Discussion in 'Technical Analysis' started by Epicresearch, Mar 11, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    Pepper trading range for the day is 33663-34663.Pepper gained on short covering after prices dropped triggered by reports of harvesting of Karnataka pepper and weak demand.The uncertainty about the 8,000 tonnes of FSSAI's sealed pepper and uncertainty regarding delivery of pepper also added sellingSlight weakness was also noted in the International markets which pressurized Indian rates further.Spot pepper dropped -271.4 rupees to 36500 rupees per
     
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