Coconut and Copra prices may decline: TNAU

Coimbatore: The TN-IAM Project funded Price Forecasting Scheme of the Centre for Agricultural and Rural Development Studies, Tamil Nadu Agricultural University have predicted that the farmgate price of good quality coconut during February-March, 2020 will be Rs. 15-16 per nut.

Coimbatore: The TN-IAM Project funded Price Forecasting Scheme of the Centre for Agricultural and Rural Development Studies, Tamil Nadu Agricultural University have predicted that the farmgate price of good quality coconut during February-March, 2020 will be Rs. 15-16 per nut. 

"Good quality copra price will be around Rs. 90-95 per kg and fluctuation would be subjected to the variations in the arrivals from the major production centres in Tamil Nadu and other states. Hence, farmers are advised to take selling decision accordingly", a release said. 

The predictions have been derived after analyzing the past 18 years prices for coconut and copra that prevailed at Avalpoonthurai regulated market of Erode district and Perundurai Cooperative Marketing Society. 

Coconut Cultivation In Tamil Nadu 

According to the Third Advance Estimates of Ministry of Agriculture and Farmers Welfare (2018-19), the area under coconut cultivation is 21.79 lakh hectares with a production of 147.48 lakh tones. The major coconut producing states are Kerala, Karnataka, Tamil Nadu and Andhra Pradesh.

Tamil Nadu state produced 36.12 lakh tonnes of coconuts from the cultivable area of 4.37 lakh hectares in 2018-19. In Tamil Nadu, coconut is mainly cultivated in Coimbatore, Tiruppur, Thanjavur, Dindigul and Kanyakumari districts. The arrivals of copra to Perundurai market are from Krishnagiri, Dharmapuram, Salem, Madurai, Villuppuram, Pollachi, Pattukottai, Kambam, Theni, Mysore (Karnataka) and Tirupati (Andhra Pradesh). 

During this season, the productions of coconut in major producing districts are also normal when compared to the previous season.The good monsoon will result in boosting the coconut production in the coming months, the release noted.

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