Copra
p. 90 · Read in the full issue
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.
London Fixed Price, per ton, c.i.f., Plantation Hot-air: Sterling October, 1939—January, 1940 .. £l2 7 6 January-April, 1940 13 5 0 After April, 1940 12 17 6 Fiji Local Buying Price, in Store, Fiji Currency.
From January 1, 1949, the British Ministry of Food is buying Fiji copra at a fixed price. For each subsequent year until the end of 1957 the price will be adjusted by negotiation, but will not be more than 10 per cent, higher or lower than the preceding year.
New Hebrides From a maximum of £7O/12/6 (Aust.), per ton, early in 1948, the price of New Hebrides copra recently firmed to around £5O (Aust.) per ton.
Western Samoa Canadian buyers recently were paying £53 (£66 Aust.) per ton in Apia for Samoan copra.
Territory Of New Guinea
ANGPCB Fixed Price, Delivered to Ship’s Slings:
(According to quality) All prices quoted are for copra delivered to ship’s slings, or to the Board’s warehouse.
Official Price for NG Copra sold in Sydney.
UK Agreement Australia has agreed to sell NG copra to the UK Ministry of Food for a period of nine years ?t fixed prices. For 194 ff, the price will be £4B Stg. per ton, f.0.b., Territory ports; the price for each subsequent year will be adjusted by negotiation, but will not be more than 10 per cent, higher or lower than the preceding year.
Plant’n FMS 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 18 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 February, 1947 ... 29 15 6 29 10 0 June 9. 1947 ... 36 19 0 36 13 6 December 8. 1947 . 38 5 6 38 0 0 March 15, 1948 .. 46 5 6 46 0 0 January 1. 1949 .. 49 10 6 49 5 0
Hot-air Smoked Jan. •I. 1947 .. .. £28 0 0 £27 0 0 June 17. 1947 . £31 2 0 Nov. 23, 1947 . £35 10 0 April 8. 1948 . . £40- £45
Hot-air Dried Smoked January, 1947 . .. £36 10 0 £35 10 0 July. 1947 . .. £51 5 0 £50 5 0 April, 1948 . .. £61 0 0 £60 0 0