Copra

Prices During World War Ii

The copra market was controlled by Govern ments from outbreak of war in 1939 until the end of the war in 1945. Controls are still being exercised in the post-war period.

(Practically all producers received from 30/to 60/- more per ton on realisation.) Australian Fixed Price, per ton, f.0.b., Islands Port, Australian Currency:

(Average

Rates,

1932-1939) (Australian Currency) South Sea, Plantation, Sun-dried Hot-air Dried, London to London Rabaul Price on— Per ton, c.i.f.

Per ton, c.i.f.

January 1, 1932 . . £14 0 0 £14 15 0 June 17 . £13 2 6 £13 5 0 January 6, 1933 £13 0 0 £13 12 6 June 30 . £10 17 6 £11 0 0 January 5. 1934 £8 0 0 £8 7 6 June 15 . £8 0 0 £8 12 6 January 4. 1935 £9 5 0 £10 5 0 June 7 .. £11 15 0 £12 7 6 South Sea South Sea Plantation Smoked to Genoa Sun-dried Hot-air Dried London and Marseilles to London.

Rabaul.

Price on— Per ton, c.i.f. Per ton, c.i.f. Per ton, c.l.f.

Jan. 3, '36 £13 2 6 £13 15 0 £14 0 0 Mar. 6 . . £11 15 0 £12 15 0 £13 0 0 June 5 . £11 10 0 £12 0 0 £12 17 0 Sept. 4 . £13 2 6 £13 10 0 £14 12 6 Jan. 8, ’37 £22 12 6 £22 12 6 £22 12 6 Mar. 5 . £19 0 0 £19 5 0 £20 0 0 June 4 £15 15 0 £15 12 6 £16 12 6 Sept. 3 £13 5 0 £13 5 0 £14 0 0 Jan. 7, ’38 £12 12 6 £12 15 0 £13 12 6 Mar. 4 . £10 17 6 £11 0 0 £12 0 0 June 3 £9 15 0 £9 15 0 £10 12 6 Sept. 2 £9 10 0 £9 10 0 £10 10 0 Jan. 6, '39 £9 12 6 £9 15 0 £10 10 0 Mar. 3 . £10 0 0 £10 2 6 £11 0 0 June 2 £10 7 6 £10 10 0 £11 7 6 Aug. 4 . £9 2 6 £9 5 0 £10 5 0 Sept. 1 . £9 10 0 £9 12 6 £10 12 6

London Fixed Price, per ton, c.i.f., Plantation Hot-air: Sterling October, 1939 —January, 1940 . .. £12 7 6 January-April, 1940 13 5 0 After April, 1940 12 17 6

Fiji Fixed Price, per ton, f.o.b., Fiji Currency: Plant’n

Fms

February, 1942 . .. £15 15 0 £14 15 0 June, 1942 16 0 0 15 0 0 July, 1942 .. . . 16 12 6 15 12 6 June, 1944 19 10 0 18 0 0 October, 19'44 . . 20 0 0 18 10 0 December, 1945 .. 19 7 6 17 17 6 January, 1946 . .. 18 5 6 18 0 0

Hot-air Sun-dried Smoked April, 1942 .. (Unofficial) £24.

July, 1943 .. £15 10 0 £15 0 0 £14 10 0 October, 1943 18 10 0 18 10 0 17 10 0 July, 1944 .. 19 0 0 19 0 0 18 0 0