- Min. of Trade says only coconut pieces will be allowed
The Government is considering the importation of coconut pieces required for export industries, stated the Ministry of Trade, Commerce, and Food Security.
This, following calls from coconut exporters for permission to address the anticipated coconut shortage.
Speaking to The Daily Morning yesterday, Deputy Minister of Trade, Commerce, and Food Security R.M. Jayawardena stated that a final decision on coconut imports is yet to be made. However, he mentioned that discussions are ongoing to allow companies or exporters to import coconuts according to their requirements. “We have held several discussions on this matter, but a final decision has not been reached,” he said.
He clarified that whole coconuts will not be imported; only coconut pieces will be allowed. He also noted that while the coconut harvest would be sufficient for consumption, its use in various industries and commercial purposes has created a shortage. Furthermore, he assured that coconuts from State-owned lands (Janawasama) would not be auctioned, but would instead be sold at Sathosa outlets for consumer purposes.
The Deputy Minister added that coconut prices could be maintained at a concessionary level from March onwards, as the coconut harvest begins to enter the market during that time. “We have two seasons for coconut harvesting. The first season begins in March, which increases the supply to the market. This will help us stabilise the prices at a favourable level,” he explained.
Last week, the Ceylon Chamber of Coconut Industries highlighted that Sri Lanka’s continued decline in coconut production might necessitate the importation of coconuts for domestic consumption. They also called for the inclusion of substantial fertiliser subsidies in the upcoming Budget.