Select copra drop on reduced demand

Select copra including copra office Alappuzha, copra office Kozhikode and copra edible Mumbai dropped at the spices market here today following reduced demand from stockists and retailers.

Meanwhile, all other spices held stable in the absence of any worthwhile buying activities.

Copra office Alappuzha and copra office Kozhikode fell by Rs 500 per quintal each to Rs 12,700 and Rs 12,500 from Wednesday's closing level of Rs 13,200 and Rs 13,000.

Elsewhere, copra edible Mumbai weakened by Rs 200 per quintal to Rs 16,000 as against Rs 16,200.

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

Black pepper (per kg) 370/430 (370/430), ginger unbleached (per kg) 150 (150), copra office Alappuzha (per quintal) 12,700 (13,200), copra office Kozhikode (per quintal) 12,500 (13,000), copra Rajapur Mumbai (per quintal) 20,000 (20,000), copra edible Mumbai (per quintal) 16,000 (16,200).