The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 20 December 1935Vol. VI, No. 5

Copra Firm

p. 7 · Read in the full issue

THE copra market maintains its strength.

Ruling prices, compared with the rates prior to the depression, are not calculated to bring fortunes out of coconut planta tions: but nevertheless they nowadays do allow the planters to expect some fair mar gin of profit, especially in those territories which get some benefit from the Australian and New Zealand rates of exchange.

One of those admirable summaries of the oil seeds market, issued by Messrs. H. M.

F. Faure & Co., London, dated October 14, after making a survey of world conditions relating to the production of oil seeds, and examining the international political conditions which affect the market, ex presses the opinion that prices will at least hold their present level for some time to come. There have been increases in lin seed oil, soya bean oil and whale oil; while the apparent available supply of cottonseed oil is less than usual —an important factor in estimating the future of copra.