Pepper, turmeric rise on low stocks

Black pepper and turmeric prices rose up to Rs 500 per quintal in the national capital today on fresh buying by stockists and exporters amid low stocks. 

Restricted arrivals from producing belts also put pressure on the prices.

Black pepper prices rose further by Rs 500 to conclude at Rs 27,800-28,000 per quintal on reports of lower production, firm international rates, and improved domestic and export demand.  

Turmeric prices also traded higher at Rs 12,000-16,700 against previous closing of Rs 11,800-16,500 per quintal. 

Traders said sentiments turned better following rising domestic and export demand against low stocks, in tandem with a firming trend at futures market, helping pepper and turmeric prices to trade higher.

Following are today's quotations in Rs per quintal:

Ajwain 17,000-23,000, black pepper common 27,800-28,000, betelnut (kg) 110-120, cardamom brown-Jhundiwali (kg) 1,020-1,040, and cardamom brown-Kanchicut (kg) 1,150-1,300

Cardamom small (kg): Chitridar 870-930, cardamom (colour robin) 920-940, cardamom bold 930-950, cardamom extra (bold) 1,110-1,130 and cloves (kg) 520-570

Chirounji (new) (kg) Rs 450-500 Dry mango (raipur) Rs 9,000-11,000 Dhania Rs 6,000-10,000 Dry ginger Rs 17,500-22,000 Kalaunji Rs 9,000-10,000 Mace-Red (kg) Rs 1,800-1,900 Mace-Yellow (kg) Rs 1,650-1,750

Methiseed Rs 3,000-4,000 Makhana (kg) Rs 250-300 Nutmeg Rs 720-760 Poppyseed (KG Turkey) Rs 160 Poppyseed (KG MP-RAJ) Rs 170-225 Poppyseed (KG Kashmiri) Rs 175 Red chillies Rs 7,000-13,800

Saffron (kg) Irani Rs 60,000-70,000 Saffron (kg) Kashmiri Rs 90,000-1,15,000 Soanf-bold Rs 10,000-14,000 Turmeric Rs 12,000-16,700 Tamarind Rs 2,900-3,300 Tamarind without seed Rs 5,000-8,000

Tea (kg) Rs 60-210 Watermelon kernel (Kg) Rs 135 Jeera common Rs 15,100-15,200 Jeera best Rs 17,100-17,200

(Source: http://www.business-standard.com/india/news/pepper-turmeric-riselow-stocks/133184/&tp=on)