In Kerala, coconut prices have dropped sharply, with green coconuts now costing 42 rupees per kilogram, down from 78 rupees. This decline has not translated to lower prices for consumers, as middlemen in southern districts exploit the situation by selling coconuts at inflated rates.
The price of dried coconut has also fallen to 52 rupees per kilogram, while copra prices decreased from 200 rupees to 150 rupees. Coconut oil, a staple product derived from coconuts, has seen its price plummet from over 500 rupees per liter to 260 rupees.
Farmers are now facing a severe financial crisis due to these price drops. Many had recently enjoyed a ‘golden period’ before this sudden downturn. Increased production in Tamil Nadu has contributed significantly to the oversupply in the market.
Meanwhile, reports indicate that middlemen are manipulating prices by taking advantage of regional disparities. In northern Kerala, green coconuts sell for around 40-42 rupees, while southern districts see prices soar to between 65-70 rupees.
The government is under pressure to intervene and stabilize the market. Observers note that without regulatory action, both farmers and consumers will continue to experience financial strain.
Additionally, export disruptions caused by regional conflicts have further complicated the coconut supply chain. The current heatwave has led to an unexpected increase in coconut availability, yet this has not eased consumer costs.
The situation remains tense as stakeholders await government action. Farmers and consumers alike hope for measures that will restore balance to the coconut market.
