Pepper prices extended losses by losing Rs 184 to Rs 27,515 per quintal in futures trade today due to continued profit-bookings by speculators on sluggish demand in the spot market.
At the National Commodity and Derivatives Exchange, pepper for delivery in July fell by Rs 184, or 0.66 per cent, to Rs 27,515 per quintal, with an open interest of 2,375 lots.
The August contract lost Rs 72, or 0.25 per cent, to Rs 28,422 per quintal, with a trade volume of 8,407 lots.
Analysts said besides profit-bookings by speculators, sluggish spot market demand mainly led to the fall in pepper futures prices.
