P-NG Copra Prices
p. 12 · Read in the full issue
Up £10 A Ton
Papua-New Guinea copra pro ducers will get £lO a ton more for copra from and including June 1, the Territories Minister, Mr. C. E. Barnes, announced on May 30.
The increase follows higher average prices for copra on the world market.
Papua and New Guinea now produce more than 100,000 tons of copra a year, and this year’s crop will be worth about £8 million to the territory, Mr.
Barnes said.
The chairman of the Copra Marketing Board, Mr. I. Mc- Donald, said that the new prices at the main depots of the board in P-NG would be: HAD, £7l/10/- a ton; FMS, £7O; smoked, £69/9/9.