Pepper trades lower for the second day on NCDEX

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Pepper futures continued to trade lower for the second day on NCDEX as traders resorted to profit booking in a bid to cash in on earlier high prices.

The May futures contract fell to an intra-day low of Rs 12,382 per 100 kg after touching a high of Rs 12,584 per 100 kg.

The counter was last seen at Rs 12,430, down Rs 66 from the previous close and the volume traded stood at 608 lots.

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