Copra surges on rising demand

Copra prices strengthend at the spices market here today on rising demand from stockists and retailers coupled with forthcoming festival demand.

Rest all other prices held steady in the absence of any major buying.

Copra office Alappuzha and copra office Kozhikode climbed by Rs 300 per quintal each to Rs 11,000 and Rs 10,800 from Wednesday's closing level of Rs 10,700 and 10,500, respectively.

Copra edible Mumbai added Rs 200 per quintal to Rs 12,200 as compared Rs 12,000 previously, while copra edible Mumbai gained by Rs 500 per quintal to Rs 13,000 from Rs 12,500.

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

Black pepper (per kg) 490/580 (490/580), ginger unbleached (per kg) 123 (123), copra office Alappuzha (per quintal) 11,000 (10,700), copra office Kozhikode (per quintal) 10,800 (10,500), copra Rajapur Mumbai (per quintal) 13,000 (12,500), copra edible Mumbai (per quintal) 12,200 (12,000).

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)