Tonga, Too
p. 11 · Read in the full issue
Copra Price Rise in Tonga, Too
From Our Own Correspondent
Nukualofa, Oct. 10.
THE Tonga Copra Board has raised the local buying price of copra to £26 per ton (Australian) for A grade copra and £2l per ton for B grade. These prices came into force on October 7.
With the increased prices and the pre sent sunny dry weather which is favour able for coora making, it is expected that copra production will be increased con siderably in the near future.
Editorial note: That price is still well under world parity. Who gets the profit?
The Government of Tonga, apparently— must have been receiving instruction at Canberra!