Comments
Coconut Development Board has called for measures to create additional demand for coconut oil and spread awareness on its health benefits.
Sugatha Ghosh, Chief Coconut Development Officer, pointed out that such an effort would help boost the prices of the commodity, ultimately benefiting the coconut farmer who had been confronted with adversities in the market.
Addressing the 77th annual general meeting of the Cochin Oil Merchants Association (COMA) here, he said that distribution of coconut oil to ration card holders through public distribution system would generate considerable increase in demand for the commodity.
He suggested that the association should set up a quality control laboratory since adulteration was a matter of concern to the merchants.
Thalath Mahamood, President, COMA, urged the Coconut Development Board to take immediate measures to arrest price fluctuation in coconut oil market as it is affecting traders in a big way. He pointed out that prices have come down to Rs 5,900 per quintal this year from Rs 10,400 a year ago.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.