Select copra prices drop on lower demand

Copra office Alapuzha and copra office Kozhikode prices dropped further at the spices market here today due to reduced demand from millers and bulk consumers.
Copra Rajapur prices climbed on renewed demand from stockist and retailers amid higher export offtake.
Meanwhile, rest of the spices ruled stable in the absence of any worthwhile trading activity.
Copra office Kozhikode declined by Rs 100 per quintal to Rs 4,900 from Monday's closing level of Rs 5,000.
Copra office Alapuzha fell by Rs 75 per quintal to Rs 5,000 as against Rs 5,075 yesterday.
However, copra Rajapur moved up by Rs 50 per quintal to Rs 6,550 from Rs 6,500.

Following are today's closing rates in Rs with previous rates in brackets:
Black pepper (per kg) 425/455 (425/455), ginger bleached (per kg) 180 (180), ginger unbleached (per kg) 190 (190), copra office Alapuzha (per quintal) 5,000 (5,075), copra office Kozhikode (per quintal) 4,900 (5,000), copra Rajapur Mumbai (per quintal) 6,550 (6,500) Copra edible Mumbai (per quintal) 5,850 (5,850).