Copra
is the dried meat, or kernel, of the coconut.
Making copra — removing the shell, breaking up, drying
— usually is done where the palms grow. Today, large
plantations with integrated operations have appeared, but
in former years copra was collected by traders going from
island to island and port to port in the Pacific Ocean.
Coconut oil is extracted traditionally by grating or grinding
copra, then boiling it in water. It was developed as a commercial
product by merchants in the South Seas and South Asia in the
1860s. Nowadays, the process of coconut oil extraction is
done by crushing copra to produce coconut oil, and the by-product
is known as cake.
Two types of copra namely milling and edible are made in India.
Milling copra is used to extract oil while edible grade of
copra is consumed as a dry fruit and used for religious purposes.
Milling copra is generally manufactured by adopting sun drying
and artificial means.
Substantial quantity of milling copra is manufactured using
modern hot air driers resulting in the availability of superior
quality copra, which is required for the manufacture of best
grade coconut oil. A good number of farmers' co-operative
societies are also involved in the manufacture and marketing
of milling copra.
Milling copra is available in different grades. Edible copra
is made in the form of balls and cups. Different grades of
edible copra are available in the market according to the
size, colour etc.
India\'s Forex reserves fell to $311.79 billion, down by $691 million for the week ended June 27 as against $ 312.481 billion in the last week, RBI said in its weekly report.
Forex dealers said the rupee drew support from a firm trend in local equity market but was still under pressure due to fresh surge in crude oil prices.
Indian rupee opened trading in a positive note Friday as investors covered their short positions but with oil holding above $145 a barrel and shaky stock markets raising prospects for more capital outflows, gains may be limited.