Buoyed by domestic and overseas demand, pepper prices in continuity with its past upward march, traded 1.77 pr cent higher at Rs 22,399 per quintal in futures trade today.
Besides, restricted supplies in the spot market and a firm international market, also influenced prices at futures market here.
At the National Commodity and Derivatives Exchange platform, pepper for delivery in far-month December contracts traded Rs 389 higher, at Rs 22,399 per quintal, with an open interest in 512 lots.
In similar fashion, the spice for delivery in August contract also gained Rs 100 or 0.47 per cent to Rs 21,579 per quintal, in an open interest of 14,724 lots.
Analysts said strong domestic demand in spot markets and overseas inquiries continue to influence pepper futures here.
Firm trend in international markets and restricted supplies as farmers hold back stocks on hopes of future price rise in the spice market, supported the rise in spice prices.