In southern Kerala, middlemen have raised the price of coconuts, even as coconut prices have dropped significantly. Green coconuts that once sold for 78 rupees per kilogram now fetch only 42 rupees, yet consumers pay inflated rates of up to 70 rupees.
The price drop is stark: dried coconuts now cost 52 rupees per kilogram, while copra has fallen from 200 rupees to 150. Coconut oil prices also plummeted from over 500 rupees per liter to just 260. Farmers—who enjoyed a prosperous period not long ago—now face a severe financial crisis.
This situation stems from various factors. Increased production in Tamil Nadu has flooded the market, pushing down prices in Kerala. Export disruptions to the Gulf due to regional conflicts have further complicated availability. The current heatwave has also contributed to a sudden spike in coconut supply.
Yet, despite these drops, middlemen exploit the price variations between northern and southern Kerala. In northern regions, green coconuts go for about 40-42 rupees per kilogram; meanwhile, southern districts see prices soar to between 65 and 70 rupees. This manipulation leaves consumers bearing the brunt.
Key statistics:
- Coconut price drop of approximately 40% from record highs.
- Price of green coconuts decreased from 78 rupees to 42 rupees per kilogram.
- Dried coconut now costs 52 rupees per kilogram.
- Copra price dropped from 200 rupees to 150 rupees per kilogram.
- Coconut oil prices fell from over 500 rupees per liter to 260 rupees.
The government faces calls for intervention to stabilize prices and support struggling farmers. Observers believe that without action, the financial strain on both consumers and producers will only worsen as middlemen continue their profit-driven tactics.
