Coconut prices likely to fall next quarter

Image
Press Trust of India Tiruchirappali
Last Updated : Jun 29 2015 | 2:32 PM IST
Coconut prices are likely to fall next quarter, according to the Ago Market Intelligence and Business Promotion Centre (AMI & BPC) here.
AMIBPC has advised farmers to sell their produce immediately.
In a price advisory to farmers, it said the price of coconut at the farm level is expected to rule around Rs 21,000 to Rs 22,000 a tonne or Rs 12 to Rs 13 a nut and copra price will be in the range of Rs 78 to Rs 80 a kg at Avalpoondurai regulated market between August and September.
Currently, the price of coconut is ruling around Rs 23,000 a tonne or Rs 13 to Rs 14 per nut for average size weighing 550 to 600 gram.
The advisory was based on an econometric analysis of coconut and copra prices at the Avalpoondurai market carried out by AMI and BPC, the Centre for Agricultural and Rural Development Studies.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 29 2015 | 2:32 PM IST

Next Story