Pepper futures prices fell by Rs 136 to Rs 27,320 per quintal today as speculators booked profits following a weak trend in the spot market.
At the National Commodity and Derivatives Exchange, pepper for August delivery fell by Rs 136, or 0.50%, to Rs 27,320 per quintal, with an open interest of 4,755 lots.
Similarly, the spice for July delivery imoved down by Rs 104, or 0.39%, to Rs 26,829 per quintal, with a trade volume of 6,537 lots.
Analysts said besides profit-taking by speculators, subdued demand in the spot market mainly pulled down pepper futures prices.