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Pepper up 0.41% on spot demand short-covering

Increased supplies limited the gains

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Press Trust of India New Delhi
Last Updated : Jan 29 2013 | 2:34 PM IST

Pepper March futures rose by Rs 140, or 0.41%, to Rs 33,920 per quintal in 714 lots.

At the National Commodity and Derivatives Exchange, the February contract gained Rs 115, or 0.33% to Rs 34,685 per quintal in 2,721 lots.

Rising spot market demand, covering-up of short positions helped pepper futures.

However, increased supplies limited the gains, said marketmen.

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First Published: Jan 08 2013 | 2:32 PM IST

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