Coconut and Copra price to stabilize during festive season

As per trade sources, the festive season in forthcoming months will enhance the demand for coconut in the domestic market but the surplus production in the current season will stabilize coconut prices.


Coimbatore: The TN-IAM Project-funded Price Forecasting Scheme of the Centre for Agricultural and Rural Development Studies, Tamil Nadu Agricultural University (TNAU), Coimbatore has developed market advisory for coconut and copra.

According to the Second Advance Estimates of the Ministry of Agriculture and Farmers Welfare (2021-22) in India, coconut accounted for 51 percent of total plantation crops and Tamil Nadu accounted for 68 percent of area under coconut of total plantation crops. Tamil Nadu stands second in the country in terms of coconut production and second in productivity of 7.90 tonnes of nut per hectare compared to Andhra Pradesh (10.46 tonnes of nut per hectare), Karnataka (7.30 tonnes of nut per hectare) and Kerala (4.31 tonnes of nut per hectare).

The Tamil Nadu state produced 35.15 lakh tonnes of coconut from the cultivable area of 4.44 lakh hectares in 2021-22. In Tamil Nadu, the major coconut growing districts are Coimbatore, Tiruppur, Thanjavur, Dindigul and Kanyakumari. The arrivals of copra to Perundurai market are from Krishnagiri, Dharmapuri, Pollachi, Salem and Kangeyam. As per trade sources, the festive season in forthcoming months will enhance the demand for coconut in the domestic market but the surplus production in the current season will stabilize coconut prices. Enhanced supply in the major coconut-producing states is expected to pull down the festive demand in the coming months.

The Price Forecasting Scheme team has analyzed the past 15 years' prices for coconut and copra that prevailed at Avalpoonthurai Regulated Market of Erode district and Perundurai Cooperative Marketing Society. As per the results of the analysis, the price of good quality coconut during October - December, 2022 will be Rs.13-14 per nut. Good quality copra price will be around Rs. 77-80 per kg. Hence, farmers have been advised to make selling decisions accordingly.

For further details contact:

Domestic and Export Market Intelligence Cell,

Centre for Agricultural and Rural Development Studies,

Tamil Nadu Agricultural University,

Coimbatore – 641 003.

Phone: 0422-2431405

The Director and TN-IAMP Nodal Officer,

Water Technology Centre,

Tamil Nadu Agricultural University,

Coimbatore - 641 003

Phone: 0422-6611278

For technical details, please contact:

Professor and Head,

Department of Spices & Plantation Crops,

Tamil Nadu Agricultural University,

Coimbatore -641003.

Phone -0422 -6611284

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