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EPIC AGRI COMMODITY UPDATE:PEPPER 6th march 13

Discussion in 'Technical Analysis' started by Epicresearch, Mar 6, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    Pepper trading range for the day is 33883-35863.Pepper fell on hopes of a pick-up in supplies from the new season crop, estimates of higher output and sluggish exports.Buyers are staying away on hopes of some more falls in prices in the coming weeks due to rising domestic supplies.Reports of pepper harvest in Kerala and fall in the international demand are expected to cause further fall.Spot pepper dropped -296.9 rupees to 37928.1 rupees per 100.
     
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