Pepper prices fell by Rs 271 to Rs 21,160 per quintal in futures trading today on weak exports demand.
At the National Commodity and Derivatives Exchange counter, pepper for September month fell by Rs 271 or 1.26 per cent to Rs 21,160 per quintal with an open interest of 1355 lots.
Similarly, the spice for delivery in October month dropped by Rs 257 or 1.19 per cent to Rs 21,375 per quintal in 2,856 lots.
Analysts attributed the fall in pepper prices in futures market to a subdued export demand and weakening trend in other spices.
