Select spices surge on strong demand

Black pepper prices rose at the spices market here today due to heavy offtake from stockists and traders coupled with rising overseas demand. Elsewhere, copra Rajapur and copra edible also firmed up on increased domestic buying.
    
While, copra Kozhikode moved down slightly owing to reduced buying from millers. Black pepper spurted by Rs14 per kilo to Rs305/325 from Monday's closing level of Rs291/311.
    
Copra Rajapur Mumbai and copra edible Mumbai went up by Rs100 per quintal each to Rs8,200 and Rs7,800, respectively as compared to Rs8,100 and Rs7,700 yesterday.
    
However, copra office Kozhikode eased by Rs25 per quintal to Rs6,750 as against Rs6,775 in the previous session.
    
Other spices closed stable in the absence of any market moving factors.
    
Following are today's closing rates in Rs, with the previous rates in brackets: Black pepper (per kg) 305/324 (291/311), ginger bleached(per kg) 175 (175), ginger unbleached (per kg) 205 (205), copra office Alapuzha (per quintal) 6,850 (6,850), copra office Kozhikode (per quintal) 6,750(6,775), copra Rajapur Mumbai (per quintal) 8,200 (8,100) and copra edible Mumbai (per quintal) 7,800 (7,700).