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Commodities Briefing - Categorized | Agriculture, Futures and Options more

India pepper up as traders cover short positions

Posted on 30 December 2008

From Reuters: India pepper futures ended higher on Monday on short-covering after trading weak all day, analysts said. Pepper prices have fallen close to six percent last week on demand worries and continuous new crop arrivals.

Prices were weak all day as low export demand coupled with fresh arrivals weighed, Kunal Shah, an analyst with Nirmal Bang Commodities said, adding the trend for the near-term was bearish….. Full Article: Source


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