Copra Rajapur drops on sluggish demand, higher supply
Press Trust of India Mumbai Copra Rajapur prices dropped at the spices market here today due to fall in demand from stockists and bulk consumers on the back of improves supplies.
Copra edible also moved down marginally on poor buying support.
Meanwhile, rest all spices closed at their overnight levels in the absence of any market moving factors.
Copra Rajapur Mumbai declined by Rs 100 per quintal to Rs 5,900 from Tuesday's closing level of Rs 6,000 and copra edible Mumbai softened to Rs 5,640 per quintal as compared to Rs 5,650 previously.
Following are today's closing rates in Rs with previous rates in brackets:
Black pepper (per kg) 385/420 (385/420), ginger bleached (per kg) 140 (140), ginger unbleached (per kg) 150 (150), copra office Alapuzha (per quintal) 4,600 (4,600), copra office Kozhikode (per quintal) 4,500 (4,500), copra Rajapur Mumbai (per quintal) 5,900 (6,000) Copra edible Mumbai (per quintal) 5,640 (5,650).