Pepper prices today fell by Rs 125, or 0.72 per cent to Rs 17,270 per quintal in futures trade, as traders booked profits at higher levels.
A weak trend at spot markets on subdued exports demand also put pressure on the trading sentiment.
At the National Commodity and Derivatives Exchange counter, pepper for July contract moved down by Rs 125 or 0.72 per cent to Rs 17,270 per quintal, with an open interest of 2,378 lots.
Similarly, the spice for delivery in June contract traded Rs 107, or 0.62 per cent lower at Rs 17,080 per quintal, with an open interest of 14,353 lots.
Analysts said fall in pepper futures prices were due to profit taking, subdued trend at spot markets and weak exports demand.
