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Amid profit-booking by speculators, pepper futures fell by 0.44 per cent to Rs 26,181 a quintal today.
However, export demand and lower production reports limited the losses.
At the National Commodity and Derivatives Exchange, pepper for delivery in April fell by Rs 116 or 0.44 per cent to Rs 26,181 a quintal, with an open interest of 4,017 lots.
Similarly, the spice for delivery in May moved down by Rs 71 or 0.26 per cent to Rs 26,780 a quintal, clocking an open interest of 9,158 lots.
Analysts said profit-booking by speculators mainly kept pressure on pepper futures prices but strong demand and anticipation of lower output, limited the losses.
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