Copra auctioned for Rs 23.30 lakh in Anaimalai
179.20 quintals of copra were auctioned for Rs 23.30 lakh at the Anaimalai Regulated Market.
A copra auction was conducted at the Anaimalai Regulated Market. According to the sales supervisor (in-charge) Jayaraman, farmers from the surrounding areas of Anaimalai brought 448 bags of copra for sale.
In the auction held in the presence of traders, 247 bags of top-grade copra were sold at a minimum price of Rs 14,492 and a maximum of Rs 15,560 per quintal. About 201 bags of second-grade copra were sold at a minimum of Rs 10,200 and a maximum of Rs 13,921 per quintal. A total of 179.20 quintals of copra worth Rs 23.30 lakh were sold in this auction, with 70 farmers participating.
Courtesy: Hindu Tamil Thisai