Price of coconuts to decline in the next 02 months

Price of coconuts to decline in the next 02 months

Price of coconuts to decline in the next 02 months

Written by Staff Writer

28 Feb, 2021 | 9:36 am

COLOMBO (News1st): The price of coconuts will decline within the next two months, the Ministry of Coconut Industries said.

The production of coconut has declined, as a result of inadequate rainfall, Secretary to The Ministry of Coconut Industries, Tissa Hewavitharana said.

The market price of a coconut currently stands at Rs. 100.

The importation of coconut husks for the production of coconut oil began as well, Secretary to the Ministry of Coconut industries further said.

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