Merchants worry copra costs will drop on NAFED’s transfer to promote procured inventory
Copra merchants are preserving their fingers crossed over the NAFED (Nationwide Agricultural Cooperative Advertising Federation of India) resolution to liquidate the procured inventory within the open market. They worry that the transfer would additional depress the costs. NAFED, in response to merchants, is promoting within the open market round 39,000 tonnes of copra that was … Read more
