The Agro Market Intelligence and Business Promotion Centre , Tiruchi, has indicated that prices of coconut and copra are expected to come down by August-September and 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 hover 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 grams. Copra is ruling at Rs. 78 to Rs. 82 a kg at Avalpoondurai Regulated Market in Tamil Nadu.
The advisory was based 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 .
