Commodities Technical Analysis | Pepper seen sideways due to lack of cues | April 15, 2011 14:10:00 | www.commodityonline.com: "Pepper prices in the intraday are expected to trade firm owing to demand from the overseas buyers in the coming days and hoarding by the stockists in India and vietnam anticipating further rise in the prices.
In the short term (March), Pepper prices will depend on demand from the overseas and domestic buyers. As the prices of Indian pepper in the international market are at the same levels as that of other major competitors such as vietnam, Brazil and Indonesia demand from the overseas buyers are likely to be placed in India. This will provide support to the prices.
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