Copra prices drop on reduced demand

Image
Press Trust of India Mumbai
Last Updated : Aug 29 2016 | 4:28 PM IST
Copra office Alappuzha, copra office Kozhikode, copra Rajapur Mumbai and copra edible mumbai prices dropped at the spices market here today on reduced demand from stockists and retailers amid ample arrivals from producing belts.
While black pepper and ginger prices ruled steady on mute enquiries from stockists.
Copra office alappuzha declined by Rs 100 per quintal to Rs 6,200 from last Saturday's level Rs 6,300 and copra office kozhikode dipped by Rs 200 per quintal to Rs 6,000 as against Rs 6,200 previously.
Copra rajapur mumbai moved down by Rs 100 per quintal to Rs 10,200 as compared with Rs 10,300 last weekend's level and copra edible mumbai fell by Rs 200 per quintal to Rs 7,500 from Rs 7,700 last Saturday.
Following are today's closing rates (in Rs) with previous rates in brackets:
Black pepper (per kg) 735/805 (735/805), ginger bleached (per kg) 150 (150), ginger unbleached (per kg) 170 (170), copra office Alappuzha (per quintal) 6,200 (6,300), copra office Kozhikode (per quintal) 6,000 (6,200), copra Rajapur Mumbai (per quintal) 10,200 (10,300), copra edible Mumbai (per quintal) 7,500 (7,700).

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 29 2016 | 4:28 PM IST

Next Story