By Nisheni Atapattu

ECONOMYNEXT –Sri Lanka’s average coconut prices were up 9.49 percent, recording the highest price, data from the Coconut Development Authority showed.

Average coconut prices were up to 109,615.80 for 1,000 nuts from 99,684.19 at the auction held on November 28.

A total of 527,199 coconuts were offered at the auction and 424,157 were sold.

At the weekly CDA auction, the highest price for 1,000 nuts was priced at 110 rupees, while the lowest for 1,000 nuts was 96 rupees.

Wholesale prices for large nuts were 140-150 and 110-120 rupees for small nuts on November 21.

Coconut oil local wholesale price was 750,000.00 to 770,000.00 rupees per metric ton.

Coconut shells were 42,000 to 43,000 rupees per metric ton.Farmgate prices in Kurunegala were 100,000 to 105,000 per 1,000 nuts.