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Steady drop in the coconut price

Apr 2, 2011 5:44:45 AM - itnnews.lk

There has been a steady decrease in the coconut price providing relief to consumers in the festive season.

The price of coconut that increased up to 70 rupees during the past few months has dropped to prices ranging between Rs. 30.00 and Rs. 35.00 in many areas including Ratnapura. In several districts including Anuradhapura, the coconut price has been between Rs. 45.00 and Rs. 50.00. In several suburbs of Colombo coconuts are available for prices between Rs. 30.00 and Rs. 50.00. There has been sharp drop in the prices of many essential commodities including vegetables.