Select copra prices drop on lower demand

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Select copra prices drop on lower demand

Mumbai, Apr 12 (PTI) Copra Rajapur, copra office Kozhikode and copra office Alappuzha fell at the spices market here today on lower demand from stockists and retailers amid subdued export offtake.

Rest of the other spices remained stable in the absence of any major buying activities.

Copra Rajapur dropped by Rs 300 per quintal to Rs 10,500 from Tuesday’s closing level of Rs 10,800.

Copra office Alappuzha and copra office Kozhikode both declined by Rs 100 per quintal to Rs 9,300 and Rs 9,200 from Rs 9,400 and Rs 9,300, previously.

Following are today’s closing rates (in Rs with previous rates in brackets):

Black pepper (per kg) 620/690 (620/690), ginger unbleached (per kg) 120 (120), copra office Alappuzha (per quintal) 9,300 (9,400), copra office Kozhikode (per quintal) 9,200 (9,300), copra Rajapur Mumbai (per quintal) 10,500 (10,800), copra edible Mumbai (per quintal) 10,100 (10,100).

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