ICEX set to launch black pepper contract, eyes up to 50% of market

The physical market size of black pepper is about Rs 3,000 crore per year. The

Indian Commodity Exchange (ICEX) is all set to launch black pepper contract on May 20. The exchange is eyeing 25 per cent-50 per cent of the Rs 3,000-crore physical market to use the price hedging on its platform in the first year. 

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