Copra Rajapur recovers on fresh offtake

Copra Rajapur prices recovered smartly at the spices market here today on fresh bout of purchases from stockists and retailers amid improved upcountry demand.

Rest of the spices ruled steady in the absence of any worthwhile buying activity.

Copra Rajapur Mumbai rose by Rs 100 per quintal to Rs 9,800 from its overnight closing level of Rs 9,700.

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

Black pepper (per kg) 530/575 (530/575), ginger bleached (per kg) 205 (205), ginger unbleached (per kg) 215 (215), copra office Alapuzha (per quintal) 8,500 (8,500), copra office Kozhikode (per quintal) 8,400 (8,400), copra Rajapur Mumbai (per quintal) 9,800 (9,700), Copra edible Mumbai (per quintal) 9,150 (9,150).