Copra prices rallied at the spices market here today on sustained buying from stockists as well as firm domestic demand amidst lower arrivals.
Copra Rajapur Mumbai rose another Rs 100 per quintal to Rs 7,000 from overnight closing level of Rs 6,900.
Copra edible Mumbai and copra office Alapuzha both gained by Rs 50 per quintal to Rs 6,150 and Rs 5,400 respectively, as compared with Rs 6,100 and Rs 5,350 yesterday.
Copra office Kozhikode also moved up by Rs 25 per quintal to Rs 5,275 from Rs 5,250 previously.
Meanwhile, other spices closed stable in the absence of worthwhile buying activity.
Following are today's closing rates in rupees, with the previous rates in brackets:
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Black pepper (per kilo) 201/221 (201/221), ginger bleached (per kilo) 230 (230), ginger unbleached (per kilo) 245 (245), copra office Alapuzha (per quintal) 5,400 (5,350)
copra office Kozhikode (per quintal) 5,275 (5,250), copra Rajapur Mumbai (per quintal) 7,000 (6,900) and copra edible Mumbai (per quintal) 6,150 (6,100)