A vendor skinning a coconut. (File Photo/Sun/Fayaz Moosa)
The price of young coconut, locally known as Kurumba, which had skyrocketed at the start of Ramadan, is now expected to drop below MVR 35.
The price of Kurumba had been between MVR 50 – MVR 55 at the start of Ramadan. But it was available from the Male’ markets on Tuesday for MVR 35 – MVR 40.
A vendor from the local market told Sun that the price is expected to further go down.
“The price of everything is generally going down in the last 10 [days of Ramadan],” he said.
The price of Kandoodhoo chili, which had been as high as MVR 450 per kilo at the start of Ramadan, has also gone down to MVR 280 – MVR 230 per kilo.
Price of other produce: