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Copra prices rose sharply

Update: 7/17/2014

 
Copra prices rose sharply in the past week is due to the high demand for dried coconut peel export to China, Thailand, Cambodia ... 
 
Tra Vinh Department of Trade and Industry, said last week Copra prices in the province increased from the previous week. Currently coconut type 1 (1 -1.2 kg / fruit peel) prices from 80000-85000 dd / dozen (12 left); Type 2 (0.75 to 0.9 kg / fruit peel) prices from 70000-75000 dd / dozen; coconut fruit buckets (ranging from 0.7 kg / fruit peel) or less price from 55,000-65,000 VND / dozen, up from 10000-15000 dd / dozen. 
 
According to Nguyen Van Banh, Deputy Director, Department of Trade and Industry Tra Vinh "Copra export situation in the first months in 2014 on areas with favorable initial step. Copra prices rose sharply in the past week is due to demand high dry coconut peel export to China, Thailand, Cambodia ... 
 
Hence the value of the export turnover from the coconut fruit this year reached $ 1.8 million, an increase of 2.6 times compared with 2013. Besides, the product processing facilities to boost production from coconut production, increased demand for raw materials, while this time is the season left little coconut, making coconut prices rising sharply ". 
 
By K.Nguyen  - Vietnam Agriculture
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