ECONOMYNEXT – Sri Lanka’s coconut prices rose 0.08 percent from 62,948.59 to 62,998.98 at the auction held on May 9.
The highest price was 73,600 rupees for 1,000 nuts, up from 73,000 rupees a week ago, while the lowest was 56,000 up from 52,000.
A total of 1,326,220 coconuts were offered at the auction and 685,218 nuts were sold.
Wholesale prices were 95 to 110 rupees for large nuts and 85 to 90 rupees for small nuts in the week to April 17.
Farmgate prices in Kurunegala were 72,000-75,000 per 1,000 nuts.
Coconut oil was 570,000–610,000 rupees per metric ton.
Coconut shells were 32,000–34,000 rupees per metric ton. (Colombo/May14/2024)