Pepper ends higher on tight supply

Pepper futures edged higher reposing the faith in supply shortage due to low arrival in the physical market.
However volume participation in futures market was comparably less since many fears the impact in prices due to Vietnam arrival sentiments. Spot prices remained steady and traded near Rs 22600 per quintal.
Farmers in India are likely to hold the stock since they liquidated the carry over stocks due to higher prices.
As per business line, Kerela high court directed the Central government and the Cochin port trust authorities to retain Rajiv Gandhi Container terminal in willington Island for a further period of three months.
This measure is expected to bring striking workers back to the negotiation table. Pepper  cultivation in karanaka region was improving over the years and production is estimated around 15,000 to 20,000 tonnes.

(Source: http://www.commodityonline.com/futures-trading/tradingtips/Pepper-ends-higher-on-tight-supply-11618.html)