Copra prices likely to stay in ₹145-150/kg range in October on festival demand

Copra prices are expected to remain in the ₹145-150 per kilogram range during October, driven by increased demand during the festival season, according to Tamil Nadu Agricultural University (TNAU).

Based on analysis and feedback from traders, copra demand typically firms up during festive months. The commodity, used in coconut oil production and other applications, sees seasonal uptick as consumption patterns shift ahead of major festivals.