The Hindu Business Line : On a slippery path

NEGLECT, COMPETITION: Coconut oil being weighed before sales at an oil mill in Kochi, Kerala. Wild fluctuations in oil prices and neglect of coconut farmers has hit the copra milling industry in the country severely.

Coconut oil prices touched all time high of Rs 7,480 a quintal in January 2005 but since then, it has declined. On Monday, it was quoted at Rs 4,650. Acceptance of palm oil, particularly in Kerala due to its competitive price, has also hit the milling industry.

More Stories on : Coconut & Copra | Oilseeds & Edible Oil

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Wheat procurement at 10.7 m tonnes

`Gonu' ramps up into super cyclone status

`N-E emerging as floriculture hub'

Lower volumes pull down spot rubber

On a slippery path

Rumours turn pepper futures cold

Sugar buffer may be hiked

Maharashtra order leaves furnace oil users in a fix

Tea garden unions move SC on payment of dues

`Vermiculture research must be made multi-disciplinary'

`Duty cut on edible oil cannot rein in prices'