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Copra Rajapur drops on stockist selling, good arrivals

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Press Trust of India Mumbai
Copra Rajapur prices dropped sharply in an otherwise steady spices market here today on reduced demand from stockist and retailers amidst improved arrivals.

Meanwhile, black pepper, ginger and all other copra varieties remained stable in the absence of necessary buying support.

Copra Rajapur Mumbai plunged by Rs 3,000 per quintal to Rs 22,000 from last Wednesday's closing level of Rs 25,000.

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

Black pepper (per kg) 730/780 (730/780), Ginger bleached (per kg) 240 (240), ginger unbleached (per kg) 260 (260), copra office Alapuzha (per quintal) 10,700 (10,700), copra office Kozhikode (per quintal) 10,600 (10,600), copra Rajapur Mumbai (per quintal) 22,000 (25,000), copra edible Mumbai (per quintal) 14,000 (14,000).

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First Published: Oct 27 2014 | 4:10 PM IST

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