Besides, tight stocks position following drop in arrivals from producing regions fuelled the uptrend.
At the National Commodity and Derivatives Exchange, pepper for delivery in the current month spurted by Rs 1,350, or 3 per cent, to close at Rs 46,350 per quintal with an open interest of just six lots.
Traders said widening of positions built up by participants amid pick-up in domestic and export demand in the physical market mainly led to the sharp rise in pepper prices at futures trade.
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