Amid profit-booking by speculators and weak exports, pepper prices declined by 0.23% to Rs 42,865 per quintal in futures trade today.
Lower stocks following thin supplies in the spot markets limited the fall.
At the National Commodity and Derivatives Exchange, pepper for delivery in November fell by Rs 100, or 0.23%, to Rs 42,865 per quintal, with an open interest of 1,636 lots.
October pepper lost Rs 20, or 0.05%, to Rs 43,500 per quintal, with an open interest of 5,735 lots.
Marketmen said profit-booking by speculators after recent gains and weak export demand led to the fall in pepper prices at futures trade.
