Produce Prices
p. 153 · Read in the full issue
(Unless otherwise stated, quotations are n Australian currency. Aust. S equals ipproximately 8/- Stg., NZ, or W. Samoa: Fiji; 10/- Tonga: 5.381 Ceylon tupees: 98 Pac. Frs.; $U51.125.)
Copra
PAPUA-NEW GUINEA:—AII production s delivered to Copra Marketing Board, ontrolled by six members, including three ilanters’ representatives; and the board lirects distribution and sales, and makes layments to the producers. Production :oes mainly to (a) Unilever, in UK, (b) Lustralia for local consumption, (c) rushing-mill in Rabaul, and (d) Japan surplus as available). Prices generally ally with ruling rate in Philippines, with iremiums for hot-air dried.
P-NG Board’s tentative purchase >rices for copra delivered main ports are: lot-Air Dried, $143 per ton; FMS, $l4O ter ton; Smoke-Dried, $138.98 per ton.
FUI: —The Fiji Coconut Industry Board ixes the prices to be paid for Fiji opra on a formula based on that for •hilippines copra, and taking into account reight, taxes, selling costs, shrinkage, tc. The copra must be graded at centres n Suva, Levuka, Lautoka, Savusavu and ’aveuni. Prices in Suva to Dec. 12 were: i'irst grade, £FSI/2/6; second grade, EF46/2/6; third grade, £F3B/5/-. A scale f deductions has been established for opra delivered to grading centres other han Suva.
WESTERN SAMOA: Official Copra Joard takes all production, sells same ,nd makes payments to producers. It ;oes mainly to Abels Ltd., NZ crushers. ,nd the open market. Local price re ently was £56/12/6 Samoan, first grade.
TONGA; Sales are under Government ontrol. Part of production goes to Jurope, under arrangement with Unilever ontrolled by Philippines prices, and part n to open market.
SOLOMON IS.: All production marketed