Coconut prices soar, disrupting budgets of small eateries and households.
ByAinvest
Saturday, Jul 5, 2025 8:33 pm ET1min read
Coconut prices have soared to over ₹80/kg, disrupting budgets of small-time eateries and households. The rise in prices is attributed to a global phenomenon dating back to 2020, including increased exports to the US and demand for coconut products in Europe. The growing demand for coconuts for puja rituals in temples also contributes to the shortage. As a result, eateries are forced to replace traditional snacks with alternative options, while households are struggling to afford coconut oil.
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