Select copra drops on lower demand

Copra office alapuzha and copra office kozhikode prices dropped at the spices market here today on lower offtake from stockists and exporters on the back of ample position of stocks.

Meanwhile, rest of the spices ruled stable in the absence of any worthwhile buying activity.

Copra office alapuzha and Copra office kozhikode declined by Rs 100 per quintal each to Rs 10,100 and Rs 10,000 from last Saturday's closing level of Rs 10,200 and Rs 10,100, respectively.

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

Black pepper (per kg) 680/750 (680/750), ginger bleached (per kg) 180 (180), ginger unbleached (per kg) 200 (200), copra office Alapuzha (per quintal) 10,100 (10,200), copra office Kozhikode (per quintal) 10,000 (10,100), copra Rajapur Mumbai (per quintal) 19,000 (19,000), copra edible Mumbai (per quintal) 13,000 (13,000).