Coconut prices rise again after brief dip; oil prices expected to follow
Kottayam: After a brief dip, coconut prices are once again on the rise. In September last year, the price of a kilogram of coconut ranged between ₹45 and ₹48. Last month, prices peaked at ₹90 a kilo before dropping slightly — but they are now climbing again.
During the Onam season, coconut prices hovered around ₹75 to ₹80 for a kilo. Currently, the wholesale rate stands at ₹80, while the retail price has reached ₹85–₹87. This upward trend has brought some relief to coconut farmers, who are now able to sell unhusked coconuts for ₹30–₹35 and husked coconuts for ₹60 per kilo.
According to traders, the rise in coconut prices is likely to push up coconut oil prices by ₹10–₹20. Interestingly, even when coconut prices dipped slightly, the price of coconut oil remained largely unchanged. At present, coconut oil is being sold in the market at ₹390–₹420 per kilo, depending on the brand.
In comparison, coconut oil prices were much lower last year. In September 2024, prices were around ₹260–₹270. The steady rise began when copra started being procured in bulk for North Indian festivals like Navaratri and Diwali.
Coconut oil price trend (Past one year)
- September 2024: ₹260–₹270
- October: ₹270–₹280
- November: ₹280–₹290
- December: ₹280–₹270
- January: ₹270–₹280
- February: ₹270–₹290
- March: ₹290–₹300
- April: ₹300–₹320
- May: ₹350–₹380
- June: ₹380–₹400
- July: ₹420–₹440
- August: ₹410–₹430
- September 2025: ₹390–₹400
(Prices vary by company)
Coconut price trend
- December–January: ₹60–₹45
- January–February: ₹60–₹65
- March–April: ₹70–₹80
- May–June: ₹77–₹85
- June–July: ₹80–₹85
- August: ₹85–₹90
- September: ₹80–₹85