Copra Rajapur slips on reduced demand

Copra Rajapur prices slipped at the spices market here today on reduced demand from stockists and exporters amid lower upcountry offtake.

Meanwhile, copra edible recovered modestly on good buying from domestic consumers.

Rest of the spices held steady in the absence of any major buying activity.

Copra Rajapur dropped by Rs 500 per quintal to Rs 21,500 from last Saturday's closing level of Rs 22,000.

However, copra edible climbed by Rs 100 per quintal to Rs 13,600 as against Rs 13,500 previously.

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

Black pepper (per kg) 665/715 (665/715), ginger bleached (per kg) 250 (250), ginger unbleached (per kg) 240 (240), copra office Alapuzha (per quintal) 11,000 (11,000), copra office Kozhikode (per quintal) 10,900 (10,900), copra Rajapur Mumbai (per quintal) 21,500 (22,000), copra edible Mumbai (per quintal) 13,600 (13,500).