Pepper traded Rs 327 or 1.92 per cent higher at Rs 17,390 per quintal in futures trade on emergence of low levels buying in spot market after witnessing a fall in the past few sessions.
At the National Commodity and Derivatives Exchange, pepper for delivery in August contract gained Rs 327, or 1.92 per cent to Rs 17,390 per quintal, with an open interest of 246 lots.
Similarly, the pepper for June contract edged up by Rs 204, or 1.22 per cent to Rs 16,951 per quintal, with an open interest of 13,221 lots.
Analysts said apart from revival of buying at prevailing lower levels, short covering by speculators also supported the upside in pepper prices at futures market here.
