Pepper futures prices moved up by Rs 75 to Rs 34,010 per quintal today, as speculators enlarged their positions, due to restricted arrivals from producing regions.
At the National Commodity and Derivatives Exchange, September pepper moved up by Rs 75, or 0.22%, to Rs 34,010 per quintal, with an open interest of 1,536 lots.
The October contract traded higher by Rs 43, or 0.12%, to Rs 34,910 per quintal, with a business turnover of 9,304 lots.
Market analysts said pick-up in demand in the spot market against restricted arrivals from producing regions, mainly led to the rise in pepper futures prices.
