Copra

Prices During World

War Ii

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

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 PMS 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, 1944 ... 20 0 0 1-8 10 0 December. 1945 .. 19 7 6 17 17 6 January, 1946 ... 18 5 6 18 0 0 August. 1946 ... 23 10 6 23 5 0 (Practically all producers received from 30/to 60/- more per ton on realisation.) Australian Fixed Price, per ton, f.o.b., Islands Port, Australian Currency: Hot-air Sun-dried April, 1942 .. Tentative £24.

July, 1943 .. £15 10 0 £15 0 0 October, 1943 18 10 0 18 10 0 July, 1944 .. 19 0 0 19 0 0 August, 1946 . (Unofficial) £22/10/- Smoked £14 10 0 17 10 0 18 0 0 Hot-air Smoked Sept. 28 .. .. £22 5 0 £21 5 0 Prices paid for copra are tentative and are reviewed at six monthly intervals, when final prices are determined for deliveries during the preceding six months. The final prices for six months ending June, 1946, are in process of being determined.

Official Prices for NG Copra landed at Sydney.

Hot-air Dried August, 1946 . £30 10 0 Smoked £29 10 0