Pepper futures regained ground on buying interest even as the number of sellers was limited. Further, firm demand in the spot markets against tight supplies mainly led to rise in pepper prices at futures trade. However, quality issues in warehouse stocks kept pressure on the market sentiments.
The contract for April delivery was trading at Rs 36,000.00, up by 0.17% or Rs 60.00 from its previous closing of Rs 35,940.00.The open interest of the contract stood at 317.00 lots.
The contract for May delivery was trading at Rs 35,780.00, up by 0.34% or Rs 120.00 from its previous closing of Rs 35,660.00. The open interest of the contract stood at 317.00 lots on NCDEX.