Coconut prices double in Maharashtra during festive season due to shortage
Coconut prices double in Maharashtra during festive season due to shortage
Coconut prices have surged to unprecedented levels, with retail rates reaching Rs 40-80 per piece and copra at Rs 400-450 per kg. Traders attribute the shortage to a demand-supply mismatch, erratic weather, and new pests affecting yields in South India, impacting both domestic and international markets.
Coconut prices have surged to unprecedented levels, with retail rates reaching Rs 40-80 per piece and copra at Rs 400-450 per kg. Traders attribute the shortage to a demand-supply mismatch, erratic weather, and new pests affecting yields in South India, impacting both domestic and international markets.