Amid profit booking by speculators, pepper futures prices fell by Rs 68, or 0.36 per cent, to Rs 18,678 per quintal today.
However, exports demand amid limited stocks at domestic markets, restricted losses.
At the National Commodity and Derivatives Exchange platform, pepper for delivery in most-active July contract fell by Rs 68, or 0.36 per cent, to Rs 18,678 per quintal, with an open interest of 4,825 lots.
It gained 0.50 per cent to Rs 18,746 per quintal in the previous session.
Similarly, the spice for delivery in August contract also fell by Rs 65, or 0.34 per cent, to Rs 18,976 per quintal, with an open interest of 12,161 lots.
Analysts attributed the fall in pepper prices in futures trade to profit booking at existing higher levels, but strong demand in the spot market and rising prices in global markets, restricted losses.
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