 "Pepper extends weakness on sluggish exports demand")
Pepper futures for May fell by Rs 275, or 0.77% to Rs 35,450 per quintal in 1,444 lots.
At the National Commodity and Derivatives Exchange (NCDEX), the April contract shed Rs 125, or 0.35% to Rs 35,750 per quintal in 392 lots.
Sluggish export demand in spot markets affected the trade.
Prices fell also due to speculators offloading their positions.
At the National Commodity and Derivatives Exchange (NCDEX), the April contract shed Rs 125, or 0.35% to Rs 35,750 per quintal in 392 lots.
Sluggish export demand in spot markets affected the trade.
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Besides, expectations of higher output this season also influenced pepper futures trade.
Prices fell also due to speculators offloading their positions.