Copra Price Rises in NZ
p. 18 · Read in the full issue
Territories
WE have been informed, unofficially, that the New Zealand Government has recently raised the price paid to producers of copra in its Pacific terri tories (Cook Islands, Western Samoa, Niue). The price is stated to be £46/17/0 (NZ currency) at island ports. This is about £5 higher than the new price ruling in Fiji, and about £l4 higher than the ruling rate paid to New Guinea producers —although, as stated above, it is confi dently expected that the New Guinea price will soon be increased by about £lO.
It has also been hinted that the New Zealand Government expects to fix a per manent price for its Territories’ copra.