Produce Prices
p. 127 · Read in the full issue
Unless otherwise stated, quotations are Australian currency. Australian dollar uals $l.OO New Zealand; 9/7 Fiji; 98 ench Pacific francs; 80 cents Western moa; $l.OO Tonga; 9/3 sterling and
.12 Usa.)
Copra
PAPUA-NEW GUINEA:—AII production delivered to Copra Marketing Board, otrolled by six members, including three inters’ representatives. The board directs itribution and sales, and makes pay mts to the producers. Production goes linly to (a) Unilever, in UK, (b) Aus ilia for local consumption, (c) crushing -11 in Rabaul, and (d) Japan (surplus available). Prices generally tally with ing rates in Philippines. ’-NG purchase prices for copra de- Jred main ports in October were hot dried, $l5l per ton; FMS $l4B per ; smoke-dried, $146 per ton. <TJI: —The Fiji Coconut Industry Board es the prices to be paid for Fiji >ra on a formula based on that for ilippines copra, and taking into account ight, taxes, selling costs, shrinkage, . The copra must be graded at centres Suva, Levuka, Lautoka, Savusavu and /euni. Prices in Suva until “further ice” were: Ist grade, £FSB/7/6; 2nd
De, £Fs3/10/-; Cas, £F44/2/6. A
le of deductions has been established copra delivered to grading centres er than Suva.
WESTERN SAMOA:—AII production is 1 to the Copra Board of Western noa at fixed prices. The Board makes unents to producers through its agents he local firms—and sells the copra on open market with a portion of Abels NZ. Prices in Oct. were SWSI27 grade one, SWSI27 for grade one dried, and SWSII4 for grade two.
'ONGA: All copra is sold to the Tonga ira Board which sends it to Europe the open market. October prices growers were $T98.50 first grade and 6.50 second grade.
OLOMON IS.; All production marketed )ugh official BSI Copra Board, at es based on Philippines rate. Output 3 to Unilever, UK; to Australian ihers; and the balance on to the open ket. Prices in October were: Ist le. $140; 2nd grade, $136; 3rd grade, i per ton, BSIP ports (Honiara, dina and Gizo).