Pepper prices fell by Rs 62, or 0.30 per cent, to Rs 20,828 per quintal in futures trade today as speculators booked profits, driven by a weakening trend at the spot market.
At the National Commodity and Derivatives Exchange counter, pepper for September declined by Rs 62, or 0.30 per cent, to Rs 20,828 per quintal, with an open interest of 13,642 lots.
Similarly, the spice for delivery in October-month traded lower by Rs 43, or 0.20 per cent, to Rs 21,019 per quintal, with an open interest of 2,282 lots.
Analysts attributed the fall in pepper futures prices to profit booking, driven by a weak trend in spot markets.
