£10 Between First
p. 32 · Read in the full issue
Improving BSI Copra: £10 Between First and 3rd Grades
THE BSIP Copra Board has announced that in 1955 there will be a price spread of about £lO per ton between the highest grade Solomon Islands copra and the lowest. The measure is designed to improve the quality of Protectorate copra.
First grade copra will be either very good hot-air dried or very good sun-dried; this will command
the top price. Third-grade will be the lowest grade smoke-dried — copra that is just good enough to be passed for export; this will be worth £lO less than first grade. In between these two will be a second grade, price for which has not yet been fixed.
New regulations came into effect in BSIP on November 1, whereby Government copra inspectors are empowered to divide all BSIP copra into three grades. They will be graded and paid for as follows: Hot-air: £A69.5 per ton, at Honiara and Gizo; £69.10 at Yandina. .
BSIP Mixed Fair Merchantable; £A68.5 at Honiara and Gizo; £A6B.- 10 at Yandina.
BSIP Fair Merchantable: £A67.5 at Honiara and Gizo; £A67.10 at Yandina. , , These prices will be payable for the remainder of this year or until the new price with the £lO dif ferential comes into operation.