MARKET UPDATE

MARKET UPDATE FOR 21 AUGUST

PEPPER FUTURES FELL ON FEVERISH ACTIVITIES,

THE MARKET CONTINUED TO WITNESS HUGE

VOLATILITY BECAUSE OF MUSCLE POWER OF BOTH

BULLS AND BEARS. AUGUST CONTRACTS MATURED

AND 1172 TONS OF THE COMMODITY WERE DELIVERED.

SEPTEMBER CONTRACT DROPPED BY RS.116 AT RS.14458

A QUINTAL FOR MG1.THE FALL IN OTHER CONTRACTS

WERE FROM RS.99 TO RS152 A QUINTAL. BUYING INTEREST

WAS SEEN FROM THE INVESTORS WHO COVERED 50 TO 60

TONS OF MG 1 EXCHANGE DELIVERED PEPPER AT RS.14700

A QUINTAL.THE PRIMARY MARKETS REMAINED SILENT

AS THE GROWERS KEPT AWAY FROM SELLING.