OF Copra Rates
p. 21 · Read in the full issue
[?]Ice Still
[?]Entative”
OF Copra Rates Above World Quote
NCE January 1, copra is being paid for in the British South Pacific Territories at the itative” prices announced in the uary PlM—n ame 1 y £62/10/t. per ton at chief ports for top ic copra in Australian-controlled ritories, and £57 Fijian (equal to Aust.) at chief ports in Fiji, se prices were made on the as iption that the full reduction of >er cent, would be made for 1956 er the MOF 9-years contract, be Fiji price is slightly higher i the Australian price, because Fiji copra authorities have some imulated funds for distribution ilanters. e were informed, on inquiry in berra on February 7, that the lal Australian contract with the ish Ministry of Food for 1956 has yet been completed. Negotiations were in progress, and the Aus an officials still had hopes that ' could induce the MOF people .gree that the full 10 per cent, iction on the 1955 MOF contract 5 is not warranted, sanwhile, the world market rates copra still are under the MOF ract rates. The latest available ation for first-grade copra, c.i.f.
Vest European port, was £Stg.6s February 2; coconut oil, Ceylon, .86.10; Straits, £Stg.B9.s.