Pepper prices rose by Rs 100 to Rs 33,018 per quintal in futures trade today on restricted arrivals in the physical market amid a pick-up in demand.
At the National Commodity and Derivatives Exchange, pepper for September delivery rose by Rs 100, or 0.30%, to Rs 33,018 per quintal, with an open interest for 9,032 lots.
October contract gained Rs 51, or 0.15%, to 33,468 per quintal in 2,448 lots.
Market analysts said a pick-up in demand in the spot market against restricted arrivals mainly led to the rise in pepper prices in futures trade.
