Copra prices rallied sharply at the spices market here today on the back of heavy demand from stockists and exporters amid good offtake by miilers.
Copra Rajapur Mumbai shot up further by Rs 200 per quintal to Rs 9,200 from Monday's closing level of Rs 9,000 and copra edible Mumbai rose by Rs 100 per quintal to Rs 8,100 as compared to Rs 8,000 previously.
Copra office Alapuzha and copra office Kozhikode also firmed up by Rs 50 per quintal each to Rs 7,150 and Rs 7,000 respectively, as against Rs 7,100 and Rs 6,950 yesterday.
Meanwhile, black pepper, ginger bleached and unbleached closed stable in the absence of worthwhile buying activity.
Following are today's closing rates in Rs, with the previous rates in brackets:
Black pepper (per kg) 303/323 (303/323), ginger bleached (per kg) 175 (175), ginger unbleached (per kg) 205 (205), copra office Alapuzha (per quintal) 7,150 (7,100)
copra office Kozhikode (per quintal) 7,000 (6,950), copra Rajapur Mumbai (per quintal) 9,200 (9,000) and copra edible Mumbai (per quintal) 8,100 (8,000)