India's Coconut and Coir Economy
Copra and Coconut Oil
How coconut flesh is dried into copra and crushed for oil, the MSP for copra, and how palm oil imports affect coconut prices.
Copra is dried coconut flesh.
Process
Coconuts are split and dried in the sun or dryers, then crushed for oil.
Coconut oil
Used for cooking in Kerala and for hair and cosmetics across India.
MSP
The government sets an MSP for copra, with NAFED buying when prices fall.
Price competition
Cheap imported palm oil competes with coconut oil, pulling prices down.
Brands
Parachute (Marico) is a famous coconut oil brand.
Price swings
Copra prices swing with harvests and edible oil markets.
A farmer dries coconut halves in the sun for a week before selling copra to an oil mill.
Palm oil imports affect them.
- Copra is dried coconut flesh.
- It's crushed for oil.
- Copra has an MSP.
- Palm oil competes.
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