Pepper Futures Increase On Purchasing Support - Sep 23, 2008

Kochi: Pepper futures market, which opened lower increased later on Sept 22 and hit the ceiling at close on good domestic buying support. October contract increased Rs 366 a quintal to Rs 13,140. November and December increased by Rs 365 and Rs 340 to Rs 13,405 and Rs 13,650 a quintal respectively. Total turnover on NCDEX increased by 5,771 tonnes to 10,958 tonnes. Total open interest increased by 84 tonnes to 17,454 tonnes. August net open position declined by 1,078 tonnes to 9,106 tonnes, while November and December positions increased 934 tonnes and 173 tonnes respectively. October contract increased Rs 362 a quintal to close at Rs 13,123