Mof Negotiations

Proceeding

With almost half the year gone, there still (May 10) is no official MOF price for South Pacific copra in 1957.

Negotiations are said to be still “proceeding.”

All South Pacific territories who come under the Copra Agreement have tentatively dropped the price bv the full 10 per cent, on 1956 rates; therefore, whatever the out come of the protracted negotiations, planters will not be disappointed.

They may even be

pleasantly surprised—although

the free market price has fallen by about £Stg.3 in the last month.