Coconut

Marketing

  • Marketing of coconut, copra and coconut oil is mainly in the hands of private traders in Tamil Nadu.
  • Co-operative organisations and Government agencies have also entered the field of processing and marketing of coconuts.
  • The coconut Development Board is marketing limited quantity of coconut oil and non-traditional coconut based products through its sales counters.
  • The Government agencies intervene in the market in times of price crash by procuring copra at the support price fixed by the Government of India.

Coconut pricing

  • The coconut based economy in the country is dependent on a single commodity i.e., coconut oil.
  • The prices of coconut and copra are arrived at based on the ruling price of coconut oil.
  • The price of oil is subject to wide fluctuations depending on the demand and supply, availability of substitute oils and fats etc.
  • The Government of India fixes the support price for milling copra and ball copra to avoid fall in prices.
  • Current market price : Tender coconut : Rs. 4-6 per nut, Coconut : Rs. 3 per nut, Coconut oil: Rs.60/= litre.

Copra procurement in Tamil Nadu

  • The Assistant Director of Agriculture, Department of Agriculture, Government of Tamil Nadu in different districts/areas where coconut is largely cultivated are issuing identification cards to the coconut farmers.
  • After proper verification and certification by the officials of the Department of Agriculture and Revenue Department the farmers are entitled to sell the copra to National Agricultural Co-operative marketing Federation (NAFED) (Government of India) through TANFED (Tamil Nadu Agricultural Federation).
  • NAFED procures copra from the farmers through TANFED which is assisted by other co-operative marketing societies in Tamil Nadu.
  • The coconut farmers sell their dried copra to the NAFED.
  • Quality and quantity of the copra is verified by the NAFED officials.
  • Currently the copra is being procured by NAFED at six different places viz., Pollachi, Udumalpet, Palladam, Thiruppur, Avinashi and Kinathukadavu in Coimbatore district.
  • At present NAFED procures copra @ Rs.3250/= per quintal in Tamil Nadu.

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Tamilnadu