Pepper moves up 0.3% on thin supply

Pepper futures for March moved up by Rs 105, or 0.3%, to Rs 35,590, per quintal in 834 lots.

At the National Commodity and Derivatives Exchange, the February contract gained Rs 95, or 0.26%, to Rs 37,050 per quintal in 2,237 lots.

Speculative positions by participants, firm spot market trend due to winter season demand amid thin supplies, triggered the uptrend.

However, expectations of good yield in the top-producing regions, capped the gain.