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14th Nov 09 (Indicative
prices)
Spices: (per
ton)
Cumin Seed - Jeera
Machine Cleaned 99%-US$ 2775-2825 fob
Kandla / Mundra
The nov contracts ended the week up by around 0.4% over last week's closing
while dec and jan futures increased by nearly 1% & 1.65% respectively
due to good export demand. But the positive movement was limited due to
favorable weather conditions.
Jeera Contracts (approx. in US$ / per 100kg) - Nov - 291.1, Dec - 301.9,
Jan - 307.6
Black Pepper MGI - US$ 3340-3360 pmt fob Kochi
port
The nov contract increased by around 0.75% this week while dec contract
moved up by approx. 0.95% due to good domestic demand. The upward movement
could have been more but due to lower prices of Brazilian origin, export
demand is slim.
Pepper futures (approx. in US$ / per 100kg) - Nov - 324.5, Dec - 329.6
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