India pepper ends firm, spot remains sluggish

MUMBAI, Nov 18 (Reuters) - India pepper futures ended up as thin stocks supported setiment, analysts said.

However, sluggish domestic demand and the Brazilian crop which is quoting lower and attracting international demand, capped gains, they said.

"Domestic demand is slow because buyers are refusing to buy at these higher rates," said an analyst with a Delhi-based brokerage.

Spot pepper fell by over 61 rupees to end at 14,782.45 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:>

Contract Reuters code Price Change in %

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Nov NPEX9 14,847 0.70

Dec NPEZ9 15,146 0.87

(Reporting by Nandita Bose; editing by Sunil Nair)