Thai Coconut Production Decreases, Coconut Price Doubles

According to Thailand’s “World News” report on November 23, the price of coconut and coconut milk in southern Thailand doubled, mainly due to the impact of flooding, which led to a reduction in output, coupled with the acquisition of coconut milk producers in the market.

The coconut milk and coconut meat traders of the Trang market stated that the prices of coconut meat and coconut milk have risen sharply at present because the production of raw materials for large-scale coconut milk production enterprises is declining because of the impact of flooding. In order to ensure that production can only be purchased on the market, the market The price of coconut milk and coconut milk for retail sale increased. In addition, many farmers changed their varieties of rubber and palm, which is also one of the factors in the market supply shortage.

Traders said that in the past, the purchase of coconuts by the purchaser of Phatthalung Village in Tak Trang Province was able to acquire 1,000 coconuts at a time. Now there are only 500 and the goods are reduced, but the transportation costs are not changed, resulting in the need to increase the prices of coconut milk and coconuts. Before 35 pounds per kilogram, 50 pounds are now mentioned.

Some sweets shop owners said that the increase in the price of coconut meat and coconut milk directly led to an increase in the cost of sweets, because coconut and coconut milk are the main ingredients and therefore need to increase the selling price.

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