Market Dynamics: Areca and Coconut Price Trends in Mangaluru

In the bustling market of Mangaluru, the dynamics of Areca and Coconut prices are drawing significant attention. Areca, known for its wide usage, presents varying rates. On the Saturday data release, Old Supari ranged between Rs 36,000 to Rs 52,000, with a model price of Rs 44,000, indicating stability in demand.

Simultaneously, the New Supari variant showed a slightly narrower price range from Rs 36,000 to Rs 47,500, achieving a model price of Rs 41,800. Meanwhile, Koka was observed in the Rs 28,000 to Rs 30,500 bracket, settling at a model rate of Rs 29,500. These figures suggest a nuanced response to market availability and consumer preference.

On the other hand, the coconut market is experiencing its own set of fluctuations. First-quality coconuts are commanding prices between Rs 25,000 and Rs 30,000, with a model rate at Rs 28,000. Second-quality coconuts, meanwhile, are priced from Rs 22,000 to Rs 28,000, averaging out at Rs 24,000, reflecting diversified demand environments.

(With inputs from agencies.)