Business Standard

Ginger surges in lacklustre trade

Image

Press Trust of India Mumbai
Ginger prices surged further in an otherwise lacklustre spices market here today on sustained demand from stockist and mild offtake from exporters.

Meanwhile, copra office Alapuzha,copra Kozhikode and copra edible prices fell further due to subdued demand from stockist and exporters amid adequate supplies.

Rest other spices ruled stable in the absence of any major worthwhile buying.

Ginger bleached and unbleached climbed by Rs 10 per kg each to Rs 250 and Rs 270 from Tuesday's closing level of Rs 240 and Rs 260.

However, copra office Kozhikode declined by Rs 200 per quintal to Rs 10,400 as against Rs 10,600.
 

Copra office Alapuzha and copra edible moved down by Rs 100 per quintal each to Rs 10,600 and Rs 13,900 compared to Rs 10,700 and Rs 14,000, respectively.

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) 250 (240), ginger unbleached (per kg) 270 (260), copra office Alapuzha (per quintal) 10,600 (10,700), copra office Kozhikode (per quintal) 10,400 (10,600), copra Rajapur Mumbai (per quintal) 22,000 (22,000), copra edible Mumbai (per quintal) 13,900 (14,000).

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 29 2014 | 4:20 PM IST

Explore News