Select copra spurts on rising demand

Copra Rajapur and copra edible prices rose sharply at the spices market here today due to robust demand from stockists and exporters amid limited arrivals.

While, copra office Kozhikode eased on lower retail offtake.  

Copra Rajapur Mumbai shot up by Rs 200 per quintal to Rs 9,300 from its overnight closing level of Rs 9,100 and copra edible Mumbai also surged by Rs 150 per quintal to Rs 8,000 as compared to Rs 7,850 previously. 

However, copra office Kozhikode moved down by Rs 25 per quintal to Rs 6,825 from Rs 6,850 yesterday. 

Rest of all other spices maintained a steady trend in the absence of worthwhile buying activty.

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

Black pepper (per kg) 295/325 (295/325), ginger bleached (per kg) 175 (175), ginger unbleached (per kg) 205 (205), copra office Alapuzha (per quintal) 7,000 (7,000)

copra office Kozhikode (per quintal) 6,825 (6,850), copra Rajapur Mumbai (per quintal) 9,300 (9,100) and copra edible Mumbai (per quintal) 8,000 (7,850)