Copra spurts on heavy stockist demand

Copra prices spurted at the spices market here today on heavy buying by stockists and bulk traders amid subdued arrivals from key producing regions.
Meanwhile, black pepper and ginger maintained a stable trend in the absence of any worthwhile buying.
Copra Rajapur and copra edible prices shot up by Rs 200 per quintal each to Rs 10,800 and Rs 10,200 from Monday's closing level of Rs 10,600 and Rs 10,000, respectively.
Copra office Alapuzha and copra office Kozhikode prices climbed by Rs 100 per quintal each to Rs 9,300 and Rs 9,200 as against Rs 9,200 and Rs 9,100 previously.

Following are today's closing rates in Rs with previous rates in brackets:
Black pepper (per kg) 555/610 (555/610), ginger bleached (per kg) 265 (265), ginger unbleached (per kg) 285 (285), copra office Alapuzha (per quintal) 9,300 (9,200), copra office Kozhikode (per quintal) 9,200 (9,100), copra Rajapur Mumbai (per quintal) 10,800 (10,600), Copra edible Mumbai (per quintal) 10,200 (10,000).