Pacific Islands Monthly
The news magazine of the South Pacific · since 1930
Pacific Islands Monthly, 1 January 1963Vol. XXXIII, No. 6

Move—Up

p. 8 · Read in the full issue

Page 88

Copra On The Move—Up

Probably the best Christmas present Pacific Islands copra planters received was news of rises in UK copra market prices in December.

In the week before Christmas, quotations had risen from £Stg.6o/3/- on November 6 to £Stg.62 / 10/- (equivalent to £A7B/2/6), and prices to pro ducers in the Islands (particularly Fiji and BSI) had advanced ac cordingly.

In the New Hebrides, in time with the rise in the Marseilles price . copra prices went from £A42/10/- to £A47/15/-.

P-NG Copra Marketing Board chairman, Mr. I. McDonald, said in December that a decline of some 200,000 tons in world pro duction was expected in 1962-63 and there was now a tendency to wards a sellers’ market.

Digitised by the National Library of Australia · OCR text via GLAM Workbench · uncorrected OCR, expect errors
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