MUMBAI, April 15 (Reuters) - India pepper futures may trade higher on Wednesday on short-supply and firm domestic demand, analysts said.
Supply shortage in Kerala, the largest producer, is expected to support the upswing, analysts said.
The benchmark April contract NPEJ9 ended up 2.03 percent at 12,425 rupees per 100 kg in the previous session.
JEERA:
Indian jeera futures may open up on mounting worries about an expected crop shortage this season, analysts said.
A Reuters poll of six top traders and exporters showed adverse weather during harvest season and a subsequent crop shortfall will pull down India's 2009 production by 15 percent.
Robust domestic and export demand is also seen supporting prices, they added.
The benchmark May contract NJEK9 ended up 1.81 percent at 12,978 rupees per 100 kg the previous session.
Source : REUTERS INDIA