Guar seed futures rose 4 percent, the maximum permissible daily limit,
as traders rushed to squareoff their bets following the ban on taking
new positions imposed by the exchange. The NCDEX barred traders from
taking fresh positions in all four existing contracts of guar gum and
guar seeds from last Thursday. In the Jodhpur spot market, guar seed
rose 1,722 rupees to 25,080 rupees per 100 kg.

Pepper futures erased early losses to end more than 1 percent up as
thin supplies amid estimates of lower output outweighed weak spot.
Industry officials estimate 43,000-45,000 tonnes of local pepper
output in 2012......

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