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NEW DELHI: Pepper futures prices today fell up to 0.47 per cent on continued selling by speculators, driven by weak export demand and higher global output.

Expectations of fall in prices in domestic market in the coming months as new crop arrival starts, also cast its shadow on pepper prices at the futures market here.

At the NCDEX counter, prices of pepper for delivery in December fell by Rs 65 or 0.47 per cent to Rs 13,761 per quintal in an open interest of 1,336 lots. Pepper for delivery in January also traded lower by Rs 21 or 0.15 per cent to Rs 14,004 per quintal with an open interest in 9,948 lots. Analysts said continued selling by traders following weak export demand led to persistent fall in pepper futures prices. - PTI

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