Pepper Future Witnesses Mixed Trend

Kochi: Pepper futures market increased slightly on April 2, on purchasing support. Though the market opened on a strong note it slipped later on reports that Vietnam was slightly easier and closed with marginal increase on NCDEX. On NMCE, all the contracts saw a substantial drop. On NCDEX, April contract increased by Rs 2 a quintal to close at Rs 13,847. Domestic demand maintained to be good and purchasing activities were going on. Spot rates increased on purchasing support by Rs 200 a quintal to close at Rs 12,900 (un-garbled) and Rs 13,500 (MG 1) on April 2.