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Select copra declines on poor demand, supply pressure

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Press Trust of India Mumbai
Prices of copra Alapuzha and copra Kozhikode declined in an otherwise steady spices market here today due to reduced offtake by stockists and millers in the face of adequate supplies.

Meanwhile, rest of the spices maintained a steady trend in the absence of necessary buying support.

Copra office Alapuzha and copra office Kozhikode fell by Rs 100 per quintal each to Rs 10,200 and Rs 10,100 as against Rs 10,300 and Rs 10,200 yesterday.

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

Black pepper (per kg) 575/675 (575/675), ginger bleached (per kg) 230 (230), ginger unbleached (per kg) 250 (250), copra office Alapuzha (per quintal) 10,200 (10,300), copra office Kozhikode (per quintal) 10,100 (10,200), copra Rajapur Mumbai (per quintal) 17,000 (17,000), copra edible Mumbai (per quintal) 12,000 (12,000).

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First Published: Mar 26 2015 | 4:02 PM IST

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