Pepper prices moved up by 0.12% to Rs 30,286 per quintal in futures trading today largely supported by tight supply in the physical market against better demand.
At the National Commodity and Derivatives Exchange, pepper for delivery in June gained Rs 37, or 0.12%, to Rs 30,286 per quintal, with an open interest of 6,954 lots.
July pepper traded higher by Rs 6, or 0.02%, to Rs 30,141 per quintal in 4,200 lots.
Market analysts said besides tight supply in the physical market, firm spot demand pushed the pepper futures prices up.
