<ul data-eligibleForWebStory="false"><li>Sanjeev Asthana, SEA President, urges the government to allow import of copra and coconut oil to stabilize prices and help farmers amidst rising demand and reduced coconut yields.</li><li>Due to stress on coconut production over the last two years, coconut oil prices have tripled in the last 12 months, reaching over ₹400 per kg at the wholesale level.</li><li>There is a risk of consumers permanently shifting away from coconut oil if prices remain high, potentially causing distress for farmers and impacting prices of other edible oils in the market.</li><li>Imported oils may replace indigenous oils like coconut oil in the long term, leading to import dependency and impacting stakeholders in the sector adversely.</li></ul>

SEA urges govt to allow import of copra, coconut oil

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