Cabinet approves minimum support price for copra for 2024 season
The MSP of fair and average quality (FAQ) ball copra has been increased to Rs 12,000 per quintal, while milling copra support price has been hiked by Rs 300 to Rs 11,160 per quintal for the next year. This will ensure a margin of 51.84% for milling copra and 63.26 per cent for ball copra, which are well beyond 1.5 times the all India weighted average cost of production, the government said in an official statement.
Source: indiatimes.com