Sri Lanka coconut prices fall at auction

ECONOMYNEXT- Sri Lanka’s average coconut prices fall 1.2 percent to 63,361.60 rupees for 1,000 nuts at the last auction held on September 01, official data showed.

Buyers offered 1,163.225 nuts at the auction and sold 843,597 at the auction conducted by Sri Lanka’s Coconut Development Authority.

Exports of coconut-based products have risen by 8 percent in January to July to 501.74 million dollars from 462.87 million dollars a year earlier, data show. (Colombo/Sep 03/2022)

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