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21-Mar2013

Pepper futures trade higher on NCDEX

Pepper futures traded up as speculators enlarged their position on spot demand. However, expectations of a higher output this year and weak exports have capped the gains.

The contract for April delivery was trading at Rs 35600.00, up by 0.44% or Rs 155.00 from its previous closing of Rs 35445.00. The open interest of the contract stood at 1344 lots.

The contract for May delivery was trading at Rs 35400.00, up by 0.25% or Rs 90.00 from its previous closing of Rs 35310.00. The open interest of the contract stood at 962 lots on NCDEX.


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