MUMBAI, Aug 14 (Reuters) - India's benchmark pepper futures ended up over 2 percent on Friday as low stocks, firm domestic demand and reviving exports underpinned prices, analysts said.
"Pepper will only go up going forward as stocks in the country are really low and demand is firm because of the festival season coming up," said Kunal Shah, assistant vice-president Nirmal Bang Commodities.
Shrinking price difference with Vietnam and Indonesia is also going to continue supporting Indian prices in the coming months, he added.
Spot pepper rose by over 167 rupees and ended at 14,320.65 rupees per 100 kg in Kochi, a major trading hub in Kerala.
Following are the closing prices of pepper futures in rupees per 100 kg on the National Commodity and Derivatives Exchange Ltd. <0#NPE:>
