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Copra declines on sluggish demand, good supply

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Press Trust of India Mumbai

However, black pepper, ginger and ginger bleached ruled steady in the absence of any market moving factors.

Copra Rajapur Mumbai and Copra Edible Mumbai both dropped by Rs 100 per quintal each to Rs 6,700 and Rs 5,600 from last Saturday's closing level of Rs 6,800 and 5,700.

Copra office Alapuzha and Copra office Kozhikode both slipped by Rs 50 per quintal each to Rs 4,250 and Rs 4,150 as against Rs 4,300 and Rs 4,200 previously.

The following are today's closing rates in rupees with previous rates in brackets:

Black pepper (per kg) 418/450 (418/450), ginger bleached (per kg) 100 (100), ginger unbleached (per kg) 115 (115), copra office Alapuzha (per quintal) 4,250 (4,300), copra office Kozhikode (per quintal) 4,150 (4,200), copra Rajapur Mumbai (per quintal) 6,700 (6,800) and copra edible Mumbai (per quintal) 5,600 (5,700).

 

  

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First Published: Jul 16 2012 | 4:36 PM IST

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