DUNGUN, Nov 10 (Bernama) -- The Terengganu branch of the Federal Agricultural Marketing Authority (FAMA) assisted in purchasing coconuts from 69 participants of the 'Projek Berkelompok Kelapa Kampung Dendang' here due to reduced demand caused by an influx of imported coconuts in the market since the beginning of this year.
FAMA Buys Over 11,000 Coconuts To Help Growers In Dungun
FAMA, coconuts, Matag, Terengganu, Muhamad Fadlee
Key takeaways
The Terengganu branch of FAMA purchased 11,380 coconuts from 69 local growers to mitigate losses caused by reduced demand from cheaper imports. The produce was bought at farm prices between RM1.10 and RM1.50 each and sold to local wholesalers and retail outlets.
- FAMA bought 11,380 coconuts from 69 participants between April 29 and Nov 3.
- Coconuts were purchased at farm prices ranging from RM1.10 to RM1.50 each.
- Local traders switched to importing coconuts at a cheaper price of around 80 sen each.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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