INDIA: Coconut prices high, but officials believe will stabilise soon
Coconut yields have increased but the prices are still increasing, an unusual equation Horticultural Department officials from the Indian government blame on the middlemen and vendors. "Except during the 1996 cyclone, which saw a setback," explained deputy director of the department D. Vittal, "the coconut yield has been comfortable for the last few years." During 2000, a bumper harvest in the Hyderabad state alone was recorded at 1,052m nuts, of which 20% is used for coconut water and remaining quota used for food, oil and worship.
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