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Copra prices declined in sluggish trade

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Press Trust of India Mumbai
Copra Alapuzha, copra Kozhikode, copra Rajapur Mumbai and copra Edible Mumbai declined in an otherwise sluggish spices market here today due to lower demand from stockists and retailers amid subdued export offtake.

All other spices ruled stable in the absence of any worthwhile buying activity.

Copra office Alapuzha, Copra office Kozhikode and copra edible Mumbai eased by Rs 100 per quintal each to Rs 5,600, Rs 5,400 and Rs 7,500 from Tuesday's closing level of Rs 5,700, Rs 5,500 and Rs 7,600 respectively.

Copra Rajapur Mumbai fell by Rs 200 per quintal to Rs 11,000 from overnight close of Rs 11,200.
 

Following are today's closing rates (in Rs with previous rates in brackets):

Black pepper (per kg) 680/740 (680/740), ginger bleached (per kg) 160 (160), ginger unbleached (per kg) 180 (180), copra office Alapuzha (per quintal) 5,600 (5,700), copra office Kozhikode (per quintal) 5,400 (5,500), copra Rajapur Mumbai (per quintal) 11,000 (11,200), copra edible Mumbai (per quintal) 7,500 (7,600).

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First Published: Mar 16 2016 | 4:22 PM IST

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