Pepper prices gained 0.72% to Rs 43,600 per quintal in futures market today on tight supplies against rising demand in the spot market.
Hopes of increase in output on revived rains in producing regions and weak exports restricted the gains.
At the National Commodity and Derivatives Exchange, pepper for delivery in October gained Rs 310, or 0.72%, to Rs 43,600 per quintal, with an open interest of 2,190 lots.
November pepper traded higher by a similar margin to Rs 43,595 per quintal in 3,819 lots.
Marketmen said tight supplies in the spot market against rising demand pushed up pepper futures.
