Pepper prices fell by Rs 1,010 to Rs 43,670 per quintal in futures trade today as speculators indulged in profit-booking at prevailing higher levels.
At the National Commodity and Derivatives Exchange, pepper for delivery in August tumbled by Rs 1,010, or 2.26%, to Rs 43,670 per quintal, with an open interest of 4,862 lots.
September pepper plunged by Rs 810, or 1.82%, to Rs 43,680 per quintal in 2,997 lots.
Market analysts said profit-booking by speculators at prevailing higher levels pulled down pepper prices at futures trade.
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