On Friday, the futures in the spices went down by 2 per cent. This happened because the traders continued to book profit after there was a rally in the prices.

Last week due to rising demand the prices had gone up but this week it is down since both the domestic as well as international markets have seen a decline.

At 2:18 PM, price of pepper for most active August was at Rs. 20,091 for 100 kgs which means a decline of 1.90 per cent. For the last eight session, the same had seen an increase of around 10 per cent.

Price of spot pepper exports was down by 5 per cent to 4,650 tonnes in April-June 2010 as compared to the last year.

Jeera followed the same pattern and after rising for 13 per cent for eight session it went down. At 2:18 pm the most active Jeera was at Rs. 14,825, a drop of Rs. 223 for 200 kg. It was less than 20 per cent for the export of April-June period.

At 2:20 pm, turmeric was 0.56 per cent below to close at Rs. 15,020 for 100 kg.