Pepper futures fall 0.45 pc on weak exports, increased supply

NEW DELHI: In restricted activity, pepper prices fell by Rs 160 to Rs 35,120 per quintal in futures trading today as speculators reduced their holdings on sluggish exports and increased supplies from producing belts.

At the National Commodity and Derivatives Exchange, pepper for delivery in May fell by Rs 160, or 0.45 per cent to Rs 35,120 per quintal with an open interest of 1176 lots.

Market analysts attributed the fall in pepper futures to weak exports amid increased supplies from producing belts.