Coconut price at SATHOSA dropped to Rs. 75

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SATHOSA will sell a large coconut at a maximum price of Rs. 75 from today (31), revealed Trade Minister Bandula Gunawardena.

Accordingly, each customer will be given the opportunity to purchase five coconuts at a time and the SATHOSA has signed an agreement with the Coconut Development Authority in a move to curb the coconut price.

The price will remain stable for the rest of the year, the Trade Minister added.

Gunawardena noted that customers who are unable to purchase coconut in its raw form can purchase two packets of coconut milk with export quality for Rs. 150 from the SATHOSA.

Meanwhile, action will be taken to curb the prices of commodities, should the price of coconut be dropped further, he added.

MIAP

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