Select copra moves up on firm demand

Copra Alapuzha and copra Kozhikode prices moved up at the spices market here today due to sustained demand from retailers amid reduced arrivals.

Meanwhile, copra edible declined on the back of heavy stockists offloading.

Copra office Alapuzha and copra office Kozhikode gained Rs 25 per quintal each to Rs 4,050 and Rs 3,950 from Thursday's closing level of Rs 4,025 and Rs 3,925, respectively.

However, copra edible Mumbai dropped by Rs 75 per quintal to Rs 5,050, as against Rs 5,125 yesterday.

Meanwhile, other spices closed stable in the absence of necessary buying support.

Following are today's closing rates in rupees, with the previous rates in brackets:     
Black Pepper (per kilo) 215/225 (215/225), ginger bleached (per kilo) 240 (240), ginger unbleached (per kilo) 255 (255), copra office Alapuzha (per quintal) 4,050 (4,025)

copra office Kozhikode (per quintal) 3,950 (3,925), copra Rajapur Mumbai (per quintal) 6,200 (6,200) and copra edible Mumbai (per quintal) 5,050 (5,125)