Copra edible drops on sluggish demand, pepper gains

Mumbai, Feb 11 (PTI) Copra edible prices fell moderatelyat the spices market here today owing to lower stockistsbuying amid subdued domestic as well as export demand.

Meanwhile, black pepper moved up on good retail offtake.

Copra edible Mumbai declined by Rs 100 per quintal toRs 8,100 from Thursday''s closing level of Rs 8,200.

However, black pepper edged up by Rs 2/3 per kg toRs 248/260 from overnight closing level of Rs 245/258.

Other spices closed unaltered in the absence of marketmoving factors.

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

Black pepper (per kg) 248/260 (245/258), ginger bleached(per kg) 160 (160), ginger unbleached (per kg) 190 (190),copra office Alapuzha (per quintal) 7,100 (7,100), copraoffice Kozhikode (per quintal) 7,000 (7,000), copra RajapurMumbai (per quintal) 8,900 (8,900) and copra edible Mumbai(per quintal) 8,100 (8,200).

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