1 vote
Procurement of copra by state agencies seems to have finally helped in stabilising coconut oil market, as it has remained steady during the peak production season in Kerala. In Kerala, peak season for coconut harvest starts in January and extends up to June and prices usually drop during this time. Supply from Tamil Nadu and Karnataka start arriving in the markets from March, which further pushes oil prices. In the terminal market of Cochin, coconut oil was quoted Rs 49 per kg on Thursday. In October, oil prices had eased down to Rs 42 per kg because of good supplies ...