Pepper prices rose by Rs 270 to Rs 35,300 per quintal in futures market today due to pick-up in export demand in spot markets.
Estimates of lower output this season also supported the uptrend in pepper prices.
At the National Commodity and Derivatives Exchange, pepper for delivery in January rose by Rs 270, or 0.77%, to Rs 35,300 per quintal with an open interest of 1,661 lots.
Similarly, the spice for delivery in December gained Rs 160, or 0.45%, to Rs 35,730 per quintal, with an open interest of 9,450 lots.
Market analysts said pick-up in export demand and reports of lower output estimates mainly pushed up pepper futures prices.