ECONOMYNEXT – Sri Lanka average coconut prices rose 6.8 percent at the weekly coconut auction on Thursday, Coconut Development Authority (CDA) data showed. The average price for 1,000 nuts was 138,581.96 rupees on October 2. However, CDA has continued to not declare the highest or lowest price for a nut at the weekly auctions. “Only the average price is there,” CDA officials told EconomyNext. The number of nuts offered climbed to 682,300 from 394,279 a week earlier, while nuts sold moved to 578,265 from 350,130. In the local market, the wholesale price for a large nut was 180-190 rupees, while…
Sri Lanka average coconut prices rise 6.8-pct, more nuts offered
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