Pepper prices rose by Rs 66, or 0.42 per cent to Rs 15,940 per quintal in futures trade today, as speculators created fresh positions, driven by better demand at physical markets.
At the National Commodity and Derivatives Exchange, pepper for delivery in July contract gained Rs 66, or 0.42 per cent to Rs 15,940 per quintal, with an open interest of 5,936 lots.
Similarly, pepper for June contract edged up by Rs 49 or 0.31 per cent to Rs 15,661 per quintal, with a business turnover of 7,825 lots.
Analysts said strong demand at physical markets, helped pepper futures prices to rise.
