Copra prices in Tamil Nadu's key Anaimalai market are expected to rule around ₹145-150 per kg in October, according to an analysis by the Domestic and Export Market Intelligence Cell (DEMIC) of the Tamil Nadu Agricultural University's Centre for Agricultural and Rural Development Studies (CARDS). As reported by The Hindu BusinessLine, DEMIC analysed 25 years of copra price data from Anaimalai and conducted a market survey to arrive at this price outlook. Based on the analysis and feedback from traders, it expects good-quality copra to fetch ₹145-150 per kg during October.
According to trade sources cited by DEMIC, the ensuing festival occasions firm up the demand for copra, advising farmers to take their selling decisions accordingly. According to final estimates of the Ministry of Agriculture and Farmers' Welfare for 2024-25, India produced 139.70 lakh tonnes of coconut from 21.90 lakh hectares, making it the world's largest coconut producer with 30.37 per cent of global production. Coconut is an important plantation crop supporting the livelihoods and income security of millions of farmers across India.
Tamil Nadu, Karnataka, Kerala and Andhra Pradesh are the major coconut-producing states, together accounting for about 92 per cent of India's production. Tamil Nadu produced an estimated 43.04 lakh tonnes from 5.06 lakh hectares in 2024-25, making it the largest producer among the four states. Coimbatore, Tiruppur, Thanjavur, Dindigul, Theni, Kanniyakumari and Erode are the major coconut-producing districts in the state, as reported by The Hindu BusinessLine.
