US EditionSri Lanka coconut prices slide at auction, less sold than offered
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Sri Lanka coconut prices slide at auction, less sold than offered
ECONOMYNEXT – Sri Lanka average coconut prices fell at the weekly auction, ahead of the local government polls. The average price slid to 172,144.61 rupees for 1,000 nuts, down 5.37 percent from 181,915 rupees a week earlier. Less nuts than offered were sold. Volumes offered rose to 268,411 from 226,241 last week, while nuts sold rose to 248,632 from 226,241, the highest since January 2. Retail prices were around 208-215 rupees a nut on May 5, a…
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