The Coconut Research Institute Sri Lanka in Lunuwila says that an increase in the coconut harvest is expected in May and June this year compared to the same period last year.
The Chairman of the Institute said that last year a harvest of 477 million coconuts was received, and this year a harvest of 555 million coconuts is expected.
The Chairman further said that the price of a coconut in the areas surrounding the Coconut Triangle has stabilized at around Rs. 163. (Newswire)