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AS part of efforts geared towards increasing food production in the country, Flour Mills of Nigeria Plc, a Nigerian integrated food and agro-allied group
Express News Service MANGALURU: The price of white arecanut grown widely in Coastal Karnataka and parts of Kerala has doubled in a gap of just one year. On Wednesday, the price of old stock in the domestic market stood at Rs 505-520/kg, while that of new stock was Rs 425-440/kg. A year ago, while the price of old stock was hovering around Rs 260, for the new stock it was Rs 220.Experts in the field say that the arecanut prices have doubled in a matter of just one year for the very first time and attribute it to low harvest of the crop during the current season and tightening of country’s b...