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Article: NCDEX Spot to launch black pepper contract.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- March 5, 2009
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NCDEX Spot to launch black pepper contract
Mumbai, Mar 5 (PTI) NCDEX Spot Exchange Ltd (NSPOT) is launching compulsory delivery contract of black pepper-garbled on its electronic platform from Friday.
At present, the contract is aimed at black pepper producers of Kerala but later Karnataka will also be included, NCDEX said in a statement here.
While the current contract is for garbled black pepper, NSPOT would launch a separate contract of un-garbled pepper later.
The contract would benefit all spice-growing farmers of the region, processors, consumers and exporters; especially those located in vicinity of Kochi -- the traditional hub ...