Sunday, 20 April 2025
Arecanut price falls steeply

Arecanut price falls steeply Featured

The price of arecanuts has fallen steeply and unexpectedly as a result of stricter importation regulations.

From between Rs. 320 and Rs. 350 a kilo some time ago, the price has now come down to Rs. 250.

A concession given to traders for a five year period to export two kilos per every kilo purchased locally has now been withdrawn.

The import price of a kilo of arecanuts is between Rs. 160 and Rs. 170.

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