Pepper ends higher on weak arrivals

Pepper futures consolidated within tight range since the market participants waited for further cues in the counter. Comparably fewer arrivals in Vietnam and India infused the chances for staggered delivery by pepper growers.
Low availability of pepper had in turn supported the prices. International pepper price for MG1 grade traded near $5250 levels and activities in the international market remain sidelined since United States the major importer of pepper had already procured higher quantity in last season.
As per sources, United States had imported 52014 MT in the 2010 compared with 49198 MT in 2009.
Spot prices remained steady and traded near Rs 22100 per quintal and arrivals from growing areas were limited in the domestic market.

(Source: http://www.commodityonline.com/futures-trading/tradingtips/Pepper-ends-higher-on-weak-arrivals-11954.html)