Pepper down 0.8% on profit-booking

Pepper futures for April declined by Rs 275, or 0.78%, to Rs 34,950 per quintal in 923 lots.     

At the National Commodity and Derivatives Exchange (NCDEX), the March contract lost Rs 255, or 0.68% to fell by Rs 160, or 0.45%, to Rs 35,145 per quintal in 914 lots.

The March contract traded lower by Rs 255, or 0.68%, to Rs 37,360 per quintal in 1,724 lots.     

Prices declined as speculators booked profits at prevailing higher levels, driven by a fall in spot market demands.