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Select spices decline on reduced demand

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Press Trust of India Mumbai

Copra Kozhikode and copra edible prices declined at the spices market here today due to reduced offtake from retailers and bulk traders.

Elsewhere, black pepper also moved down on lack of demand from consumers amid higher arrivals.

Copra office Kozhikode and copra edible Mumbai dropped by Rs 100 per quintal each to Rs 4,850 and Rs 5,800 from last Friday's closing level of Rs 4,950 and Rs 5,900 respectively.

Black pepper fell by Rs 2/6 per kilo to Rs 205/223, as against Rs 211/225 of last weekend.

Meanwhile, rest of the spices closed unchanged in the absence of buying support.

 

The following are today's closing rates in rupees, with the previous rates in brackets.

Black pepper (per kilo) 205/223 (211/225), ginger bleached (per kilo) 235 (235), ginger unbleached (per kilo) 250 (250), copra office Alapuzha (per quintal) 5,000 (5,000)

copra office Kozhikode (per quintal) 4,850 (4,950), copra Rajapur Mumbai (per quintal) 6,700 (6,700) and copra edible Mumbai (per quintal) 5,800 (5,900)

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First Published: Oct 04 2010 | 5:38 PM IST

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