India spices futures open up on demand, lower stocks

MUMBAI, April 17 (Reuters) - Indian spices futures edged up in opening trade on Thursday on good demand in the spot market and lower stocks in exchange warehouses, analysts said.

PEPPER:

Indian pepper futures opened higher, extending the previous day's gains on bargain hunting, analysts said.

At 10:36 a.m., the benchmark May pepper NPEK8 on National Commodity and Derivatives Exchange (NCDEX) was up 0.21 percent at 14,130 rupees per 100 kg.

JEERA:

Jeera futures rose in early trade on bargain hunting due to good export demand in the physical market, analysts said.

At 10:36 a.m., the benchmark May jeera NJEK8 was up 0.17 percent at 8,826 rupees per 100 kg.

TURMERIC:

Turmeric futures extended gains in early trade on lower stocks in exchange warehouses and expectations of lower output this year, analysts said.