Copra Price: Kobbari Rate Surges To All-Time High in Karnataka, Nears Rs 40,000 Mark n Tiptur APMC

Copra prices in the Tiptur market of Tumakuru district have surged to record levels, with unde kobberi touching Rs 38,000 per quintal at the Tiptur APMC. The sharp rally, driven by strong demand for the region's sweet coconut variety, has brought significant relief to farmers who depend on coconut as a key commercial crop.

The Tiptur APMC, widely regarded as one of the largest coconut markets in Asia, has now surpassed its previous records. Traders say the current upward trend in unde copra prices is likely to continue, as buyers from multiple states compete for limited arrivals from this belt of Karnataka.

Tiptur Copra Price Trend Shows Sharp Rise Since April

Market data shows that unde kobberi prices have been climbing steadily since early April, reflecting strong demand and tightening supply.

On April 2, copra was priced at around Rs 31,000 per quintal. Within just a few days, by April 6, the rate crossed Rs 32,000, signalling the beginning of a strong upward movement.

The rally intensified further on April 9, when prices touched Rs 36,006 per quintal, marking a significant milestone. The trend continued into the following week, and on Monday, April 13, unde kobberi reached Rs 38,000 per quintal at Tiptur APMC, setting a new record.

Copra price trend at Tiptur APMC:

Copra price: Strong Demand, Limited Supply Driving Prices Higher

Market experts believe the current price levels may not be the peak yet. Based on recent trends, traders estimate that unde kobberi could soon cross Rs 40,000 per quintal if demand continues to outpace supply.

One of the key reasons behind the surge is the distinct sweetness of coconuts grown in the Tiptur region, which makes them highly preferred in several markets. While buyers from Tamil Nadu and Kerala remain active, demand from North India has increased significantly in recent weeks, adding further pressure on supply.

At the same time, arrivals at the Tiptur APMC have remained relatively low. Traders note that the market has received only around 1,700 quintals this season, much lower than usual volumes. This mismatch between supply and demand has played a major role in pushing prices to record highs.

Coconut Farmers See Strong Returns Amid Price Rally

For farmers in Tumakuru and the surrounding Tiptur belt, the surge in copra prices has come as a major boost. Many growers who opted to produce unde copra this season are now witnessing returns far higher than expected.

Coconut remains a crucial commercial crop in the region, often supporting farmers even when other crops underperform. With current prices being described as "gold-like" by traders, the ongoing rally has brought rare optimism to the farming community.

Market analysts say the trend is likely to sustain in the near term, provided demand from other states remains strong and production does not increase significantly. For now, Tiptur's copra market continues to remain firmly in favour of sellers, marking one of the strongest price phases in recent years.