Produce Prices
p. 129 · Read in the full issue
iless otherwise stated, quotations are ustrallan currency. Anst. £ equals iximately 16/- Sig., NZ, or W. a; 18/- Fiji; 20/- Tonga, Solomons PHC areas; 196 Pac. Frs.; JU52.26.)
Copra
PUA-NEW GUINEA:—AII production slivered to Copra Marketing Board, oiled by six members, including three ers’ representatives: and the Board ts distribution and sales, and makes ents to the producers. Production mainly to (a) Unilever, in UK, (b) alia for local consumption, (c) ing-mlll in Rabaul, and (d) Japan lus as available). Prices generally with ruling rate in Philippines, with lums for hot-air dried.
JG Board’s Tentative Purchase s for copra delivered main ports are: Ur Dried, £6l/10/- per ton; FMS, '-/- per ton; Smoke-Dried, '-/- per ton. ri:—No Government control —pro- 's sell where they wish. Bulk of goes to crushing-mills in Suva. st 17 prices were; HAD £FSB/10/-, F56/-/-.
SSTERN SAMOA: —Official Copra 1 takes all production, sells same makes payments to producers. It mainly to Abels Ltd., NZ crushers, the open market. Local price re y was £56/12/6 Samoan, first iNGA; Sales are under Government 01. Part of production goes to pe, under arrangement with Unilever ■oiled by Philippines prices, and part 0 open market.
LOMON IS.: All production marketed igh official BSI Copra Board, at s based on Philippines rate. Output to Unilever, UK; to Australian iers; and the balance on to the open et. Local price in August was: rade, £6O/-/-: 2nd grade, £5B/10/-; grade, £56/-/- per ton, f.0.b., BSIP (Honiara, Yandlna and Glzo).
LBERT AND ELLICE: —Production ;eted in Europe through official Copra d, at prices based on Philippines 1 less freight, etc. The Copra Board dises the price at: First Grade 1/2 per ton, Second Grade £2/2/1 ton. 1W HEBRIDES: —Price on June 24 approximately £A4I/-/- (8,200 Pac. ;s), French price at that time was francs per metric ton, c.i.f., leilles. )OK IS.; —Copra goes to Abels, Ltd., Auckland, who operate the only NZ a crushing mill. Price paid is average lon price for previous three months. handling charges. Prices for third ter, July-Sept., 1964, is £NZS9/14/8 grade, £NZSB/9/8 standard grade— f.o.b., Rarotonga.
Other Produce
)COA: —Islands prices are usually d on the rates for Ghana cocoa. -Sept, shipment is £Stg.lB7/10/- per c.i.f., Sydney. -N.G.: Sydney buyers on Aug. 20 re ed: Quote No. 1: In store, Rabaul, rt quality £l7B per ton, or on rf Sydney, according to quality; 0; quote No. 2: Best quality, on rf Syd., £2OO-£205, in store, N.G. s, £177 (for UK, continent and USA ments). . SAMOA; —Nominal prices quoted in ley, August 20, were: Grade 1,
£Stg.lBo; grade 2, £Stg.l6s, f.0.b., Apia.
COFFEE:—P.-N.G.: August 20, good quality A grade, per lb. 4/- to 4/2; B grade 3/9 to 4/-; C grade. 2/9 to 3/6, r i f Svdnev Overseas c.i.f. coffee prices were reported on August 24 as Kenya AA £Stg.4os (good quality), £Stg.39o (f.a.q.); A £Stg.4oo (g.q.), £Stg.3Bs (f.a.q.); B £Stg.39o (g.q.), £Stg.3Bo (f aq)' C £Stg.37o (f.a.q.). Uganda Robusta (standard) £Stg.296. Tanganyika AA NQ, A NQ, B NQ.
PEANUTS. P.-N.G.: Sydney agents reported Aug. 20—f.0.b., Lae; Kernels— white Spanish 1/5 lb.; Virginia bunch 1/7 i b- RUBBER.—P.-N.G. price is based on Singapore rate, which on Aug. 24 was: No 1 RSS, Spot, 66 Vz Straits cents per lb’(23 14d Aust.).
VANILLA BEANS.—Victor Karp Tulk & Co., Sydney, reported Aug. 24: White and yellow label processed, standard packs, 32/-, green label 31/3, c.i.f., Sydney.
RICE (Aust.): Prices until May 1, 1965—P.-N.G.: Dry brown and dressed, 112 lb bags, £ p9/10/- per ton f.o.w.
Vitamised and enriched white, 112 lb bags, £65/15/- f.O.w. Other Pac. Islands: Dry, white or brown, etc., £6B/-/- (any quantity), f.0.w., Sydney or Melbourne.
PEARL SHELL.—Quotations for Anstralian M.O.P. Shell on August 20 by Sydney independent shell agents were: Sound £B5O, D £625, E £335, EE £235 (in store Sydney). Cook Islands: Penrhyn £NZ42S (approx.), f.0.b., Rarotonga.
TROCHUS.—A Sydney buyer on Aug. 20 indicated the following quotations to Islands producers: Papua nominally £9O-£95 per ton, f.0.b., Papuan ports; N.G. and 8.5.1. £B5-£9O, f.0.b., Islands ports.
GREEN SNAIL SHELL.—Sydney buyers
quoted on Aug. 20: No. 1: £3OO per ton, f.0.b., Rabaul; £2BO on wharf, Sydney. No 2. £295-£3OO (best quality), on wharf, Sydney; or £295-£3OO, f.0.b., Islands ports.
Crocodile Skins.—On August 20
Sydney buyers quoted for 12 in. and oyer, first grade quality as follows: P.-N.G.— 26/- per in., f.o.b. P-NG ports, small scale (salt water); large scale (fresh water) 17/1 per in. 8.5.1. 26/- (small scale)' del. Sydney _. nf .
PAPUAN GUM: £B2/15/- f.o.b. Islands port, £95 del. Sydney or Melbourne, BECHE-DE-MER: Chang Sing Loong Co., Suva, quote F 2- (4 in. to 7 in.) to F3/- (9 in. to 11 in.) lb for well processed commercial varieties.
ICEP Pty. Ltd., Sydney, are interested in offers of well prepared edible varieties, SHARK FINS: Chang Sing Loong Co., Suva, offer F4/6 per lb for well-dried fins of commercial quality. ICEP Pty. Ltd., Sydney, quote 6/6 to 8/6 lb., ex-store Sydney, according to quality.
London and US Quotations
COPRA: LONDON, Aug. 19, Philippines, . hulk $194 US (equal to £Rte 69/13/2) per long ton c.i.f.. ux/Nth. European ports. Malayan, fms, NQ, UK/Nth. European ports. new' YORK: August 19, Philippines, * lB O ug per S h o rt ton, c.i.f., Pacific coast ports CEYLON: 960 Rupees per on coconut Oil: LONDON. Aug. 20, Ceylon, in bu n c> £Stg.lll/-/- per ton, c.i.f., UK/North European ports. Straits, 3Vu%, NQ c.i.f.
Rubber: London, Aug. 24, c.i.f., RSS No. 1 Spot, 20-3/16d Stg, lb, Sept. nominal, c.i.f., 19-13/16d Stg. lb, Nov. prompt c.i.f. 20-3/16d Stg. lb. (£1 Australian is equal to about 2.2 US Dollars or 10V2 Rupees.)