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  • Copra scales 13,000/quintal

    Nov 22nd, 2017

    For the first time after several years, copra prices touched 13,300 a quintal at Erode markets. “A record price was seen on Wednesday. Copra was sold at 12,700-13,300 a quintal. Such increase is due to the very poor stock with the farmers and others,” said RM Palanisamy, a trader. Correspondingly, coconut oil prices too gained. It was sold at 2,400-2,500 for a 15-kg loose pack in the beginning of the month and it is now selling at 2,600-2,700.