Tiptur Copra Market Breaks Records, Farmers Celebrate Rs 26,167 per Quintal

Tumakuru, June 24, 2025: Farmers in Tumakuru and nearby districts in Karnataka are very happy as copra (dried coconut) prices at the Tiptur APMC market have reached a record high of ₹26,167 per quintal on June 23, 2025. Known as Asia’s largest coconut market, Tiptur has given farmers a reason to celebrate after a tough 2024, when prices were so low that they had to protest for government help. This all-time high, reported by Hosadiganta, marks a significant triumph for farmers who faced a challenging 2024 when coconut prices plummeted, prompting widespread protests for better support prices. (Representative Pic Credit - Pixabay)

Last year, copra prices fell sharply, forcing farmers to rely on a govt support price of ₹12,000 per quintal. They received an additional ₹1,500 state incentive, bringing the total to ₹13,500. Farmers waited in long lines to register with NAFED to sell their crops at these prices. Now that coconut prices have more than doubled the support price, farmers feel relieved and joyful. “This price surge is a big change after last year’s struggles,” said a local farmer. “We hope these prices stay strong.”

What’s Driving the Copra Price Surge?  

Tiptur copra are especially popular in North India, where demand has risen sharply. Supply problems have also affected the coconut market. The recent price jump is driven by this strong demand for Tiptur’s premium-quality Copras, which are valued higher than those from Kerala and Tamil Nadu. Copra yields have dropped due to crop diseases, fewer coconuts being turned into copra (dried coconut) because farmers prefer selling tender coconuts for better prices, and some coconut farms being switched to arecanut crops, which also offer good returns.  

According to Tiptur APMC Secretary S.B. Nyamagoud, changes in the auction process have also been important. Tender auctions used to happen three times a week (Monday, Wednesday, and Saturday). Since November 2024, they have been cut down to two days (Monday and Thursday), with direct participation allowing buyers to set prices based on crop quality. This has pushed prices higher, as shown in recent auctions: ₹20,900 on May 26, ₹20,511 on June 2, ₹21,100 on June 5, ₹22,356 on June 9, ₹24,129 on June 12, and reaching a peak of ₹26,167 on June 23 for 3,351 quintals.

Fewer Coconuts, Higher Prices

Here’s how coconut arrivals and prices looked recently at Tiptur APMC:

• May 26, 2025: 7,112 bags (3,056 quintals), ₹20,900
• June 2, 2025: 7,554 bags (3,247 quintals), ₹20,511
• June 5, 2025: 4,675 bags (2,016 quintals), ₹21,100
• June 9, 2025: 6,714 bags (2,887 quintals), ₹22,356
• June 12, 2025: 7,043 bags (3,028 quintals), ₹24,129
• June 23, 2025: 7,795 bags (3,351 quintals), ₹26,167

Fewer coconuts are reaching the market because farmers are selling them as tender coconuts or facing crop issues, which keeps prices rising.

The rising prices have brought a smile to the faces of Tiptur’s farmers, who are now making significantly more than they did last year. “This is a huge boost for us,” one farmer shared. “We really hope this demand keeps up.” Yet, there’s a bit of worry in the air about coconut diseases and the dwindling number of trees, especially since some farmers are opting to grow arecanut instead. They’re looking for support to continue cultivating coconuts.

Tiptur’s record-high prices are a great sign for farmers in Karnataka, showcasing how their dedication and top-notch coconuts are finally being recognized. They’re optimistic about what the future holds!

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