P-NG Copra
p. 23 · Read in the full issue
Producers To Get More
There was big news for Papua- New Guinea copra producers on August 5 when the P-NG Copra Marketing Board announced that the tentative price for copra would he increased £3 per ton in all grades.
The tentative price that had been in operation since January 1, 1958, was £A47 per ton for hot air dried; £A46 for FMS, and £45/7/6 for smoke grade.
The new price will be: Hot air dried, £ASO; FMS, £A49; smoke grade, £A4B/7/6.
The new price will mean a back payment of about £A150,000.