Pepper down 0.4% on higher output hopes

Pepper futures for April fell by Rs 140, or 0.39%, to Rs 35,390 per quintal in 1,339 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the May contract moved down by Rs 75, or 0.21%, to Rs 35,375 per quintal in 1,002 lots.

Prices fell as speculators trimmed positions amid higher output estimates.

Hopes of higher output estimates also influenced the trade.