Pepper extended its losing streak, as prices fell by Rs 203, or 0.99 per cent, to Rs 20,360 per 100 kg in futures trade today on sluggish domestic demand.
Besides, poor overseas demand also weighed on the pepper futures prices.
On the National Commodity and Derivatives Exchange counter, pepper for November delivery plunged Rs 203, or 0.99 per cent, to Rs 20,360 per 100 kg, with an open interest of 440 lots.
The spice for delivery in September-month also traded lower by Rs 139, or 0.69 per cent, to Rs 19,998 per 100 kg, with an open interest of 12,360 lots. It had lost 0.99 per cent to Rs 20,137 per 100 kg in the previous session.
Analysts attributed the fall in pepper futures to weak trend at the spot markets due to poor demand.