Don’t miss the latest developments in business and finance.

Pepper extends gains on thin supply

September contract rises 0.69%

Image
Press Trust of India New Delhi
Last Updated : Jan 24 2013 | 2:10 AM IST

Amid thin supplies in the spot markets, pepper prices rose by 0.69% to Rs 42,100 per quintal in futures market today.

At the National Commodity and Derivatives Exchange, pepper for delivery in September gained Rs 290, or 0.69%, to Rs 42,100 per quintal, with an open interest of 593 lots.

October pepper shot up by Rs 80, or 0.19%, to Rs 43,140 per quintal, with an open interest of 5,830 lots.

Marketmen said negligible stocks following thin supplies in the market continued to influence pepper prices at futures trade.

Also Read

First Published: Sep 13 2012 | 11:53 AM IST

Next Story