Pepper Futures Extend Their Gains On Monday (06-Sep-2010)
Pepper futures have extended their gains on Monday on the back of fresh buying amid tight supply. Traders are of the view that in short term prices are bound to come back to their regular range due to higher domestic demand on the back of festival season.
The contract for September delivery was trading at Rs 20450.00, up by 0.15% or Rs 30 from its previous closing of Rs 20420.00. The open interest of the contract stood at 10635 lots.
The contract for October delivery was trading at Rs 20648.00, up by 0.21% or Rs 43 from its previous closing of Rs 20605.00. The open interest of the contract stood at 5359 lots on the NCDEX.
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