Pepper prices moved down by Rs 100 to Rs 34,200 per quintal in futures trade today.
At the National Commodity and Derivatives Exchange, the February contract fell by Rs 100, or 0.29% cent to Rs 34,200 per quintal in 665 lots.
Similarly, the March contract declined by Rs 100, or 0.30% to Rs 33,660 per quintal in 665 lots.
Marketmen said weak overseas demand and expectations of higher production but depleting stocks capped the loss.
