Business Line : Markets / Commodities : Pepper up on buying support: In spite of the rise in the futures market, Malabar pepper remained very competitive in the international market because of weakening of the rupee at $7,150-7,175 a tonne (c&f) for Europe and $7,400-7,425 a tonne (c&f) for US. Brazil was reportedly offering B Asta grade at $7,350 a tonne (fob) for Dec shipment. Brazil 1 - 560 G/L was likely available at $7,200 a tonne (fob) Dec shipment. Vietnam was steady with FAQ min 500 G/L quoted at $6,750 -6,775 a tonne (fob) HCMC and FAQ 550 G/L at $7,050 - $7,075 a tonne (fob). Indonesia was said to be quiet while Vietnam was not offering Asta grade, they said.
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