Copra Market
p. 10 · Read in the full issue
pOPRA prices have fluctuated during the past few weeks, but within a margin of only 10/- or 12/- per ton.
Uncertainty about the international situation —which certainly is ugly enough to scare the most optimistic buyers—has checked buying in Europe. German con sumption has fallen, because German fin ances are in a very bad way, and they cannot get foreign credit. Constitutional troubles in U.S.A. have very seriously dis located business in oils and fats.
The statistical position is very good, however, and copra should not worry. The Americans, especially, must come into the market before long—their stocks are nearly 25 per cent, under normal.
Most market students expect higher prices before the end of the year.