Mysuru: Prices of coconuts have gone up and it is selling at Rs.35 to Rs.40 a nut. Last year’s deficit rainfall has resulted in the shortage of the nuts. The price of a good quality big size nut is Rs. 35 while a medium size nut is sold at Rs.22. The prices have gone up from Re. 1 to Rs. 5 depending upon the size.
Sudhakar, a coconut merchant in Devaraja Market, speaking to Star of Mysore said that they get coconuts from different coconut growing centres like Channarayapatna, K.R. Pet, Pandavapura, Nanjangud, Chamarajanagar and Saligrama and the present rate of each ton is between Rs.47,000 to Rs. 48,000. “There are possibilities of the coconut rates reaching Rs.50,000 a ton, if the shortage continues,” he said.
