date:Aug 22, 2018
for auction. In the previous auction, sellers withdrew most of the nuts after demand fell.
Sri Lanka may lift a ban on the export of fresh coconut exports, imposed when coconut prices soared above 50,000 rupees earlier in the year, officials said. Sri Lanka only exports small volumes of fresh coconuts, but the move may help prices, industry officials said.
According to economynext.com, in 2016, coconut auction prices fell as low as 22,000 rupees per 1,000 nuts (120,-) as oil prices also fell