Pepper remains weak, slips 1.3% on poor demand

Pepper futures for March dropped by Rs 480, or 1.31% to Rs 36,100 per quintal in 2,129 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the February fell by Rs 455, or 1.17% to Rs 38,510 per quintal in 685 lots.

Speculators offloading positions on poor spot market demands affected the trade.

Expectations of higher output this season also put pressure on pepper.