Select copra declines on weak demand, good supply

Posted By: Pti
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Mumbai, Feb 25 (PTI) Copra Alapuzha and copra edibleprices declined at the spices market here today, due tosluggish stockists demand coupled with ample stocks positionon the back of fresh arrivals.

Copra office Alapuzha and copra edible Mumbai both dippedby Rs 100 per quintal each to Rs 6,600 and Rs 7,500 fromovernight closing level of Rs 6,700 and Rs 7,600,respectively.

Meanwhile, rest of the spices closed steady in theabsence of necessary buying support.

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

Black pepper (per kg) 248/265 (248/265), ginger bleached(per kg) 165 (165), ginger unbleached (per kg) 195 (195),copra office Alapuzha (per quintal) 6,600 (6,700), copraoffice Kozhikode (per quintal) 6,500 (6,500), copra RajapurMumbai (per quintal) 8,000 (8,000) and copra edible Mumbai(per quintal) 7,500 (7,600).

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