Pepper prices fell by Rs 450 to Rs 29,050 per quintal in futures trading today due to weak export demand.
At the National Commodity and Derivatives Exchange, pepper for delivery in September fell by Rs 450, or 1.53% to Rs 29,050 per quintal, with an open interest of 126 lots.
Likewise, the spice for delivery in June shed Rs 60, or 0.21% to Rs 29,165 per quintal, with a business volume of 11,777 lots.
Analysts attributed the fall in pepper prices at futures trade to weak export demand.
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