Select copra falls falls on subdued demand
Press Trust of India Mumbai Copra office Alapuzha, copra Kozhikode and copra edible prices fell further at the spices market here following sustained selling by stockists and traders amidst ample arrivals from producing regions.
Elsewhere, black pepper, ginger and copra Rajapur all ruled stable in the absence of any worthwhile buying.
Copra office Alapuzha dropped by Rs 400 per quintal to Rs 9,300 from Tuesday's closing level of Rs 9,700.
Copra office Kozhikode and copra edible prices declined by Rs 300 per quintal each to Rs 9,200 and Rs 12,700 as against Rs 9,500 and Rs 13,000 yesterday, respectively.
Following are today's closing rates (in Rs with previous rates in brackets):
Black pepper (per kg) 740/790 (740/790), ginger bleached (per kg) 250 (250), ginger unbleached (per kg) 270 (270), copra office Alapuzha (per quintal) 9,300 (9,700), copra office Kozhikode (per quintal) 9,200 (9,500), copra Rajapur Mumbai (per quintal) 20,000 (20,000), copra edible Mumbai (per quintal) 12,700 (13,000).