Pepper trading range for the day is 37573-38943.

Pepper gains on buying interest and supply squeeze though upside was limited due to strong supplies in global market

Peak arrivals from the top producer Vietnam are likely to cap strong gains on Indian pepper prices

Global exports expected to rise to 2.46 lakh tonnes vs 2.42 lakh tonnes in 2011.

Spot pepper dropped -280.55 rupees to 37766.65 rupees per 100 kg in Kochi market.