Mexico: Coconut grocery stores optimistic due to unusual increase in prices

Martín Padilla Govea, producer of coconut pulp in the boning and peeling yard, assured that for the "pulperos" this is a good season because the prices have been profitable since it sells between 28 or 29 pesos per kilo, although it could go up to the 30 pesos, an increase of 30% considering that it was quoted between 23 and 24 pesos. He said that this rebound took coconut pulp producers by surprise since it occurred suddenly from this Thursday, May 27, when the price did not exceed 26 pesos for years. "We hope that the behavior of the market will continue like this and that this price will be maintained or that we will even reach 30 pesos, which would be something historic," he said. Padilla Govea explained that the coco ball was being bought for between 4.50 and 5 pesos, but with that price of the pulp, now the ball is sold between 7.50 and 8 pesos. "In any case, we will have a good margin if we continue to sell at this price that was given on Thursday." For the producer, the ...