Copra is the dried meat or kernel of coconut.
Copra is mainly used for extracting coconut oil which is used for cooking, hair oil and number of oil variations for skincare. Coconut oil is also used for industrial purposes. After the oil extraction, the by-product is known as copra cake or copra meal. Copra cake is a rich source of fiber and protein which is used as animal fodder.
The main two types of copra in India are milling and edible. The one used to extract oil is milling copra and the edible is used as a dry fruit. As per size and colour, different grades of copra are available in the market. A well-dried copra contains 4 to 5 percent moisture and 60% - 70% oil.
Copra oil extraction process can be followed by two methods: wet processing and dry processing. Under dry processing, coconut is divided into equal halves; it then gets well-dried under sunshine, fire or kiln. Off-white is the main colour of good copra.
Copra Trading Markets:
Production of copra is the major commercial activity centered around coconut cultivation. Coconut grows in different types of soils such as red sandy loam, alluvial, laterite, coastal sandy etc.
There is no particular season for coconut planting. But usually it is planted during June-July and Dec-Jan months. The lifespan of coconut tree is about 60 years. It starts flowering after 5 to 6 years from planting.
Kerala, Karnataka, Tamil Nadu, and Andra Prasesh are the notable states for copra production in India.
Philippines, Indonesia, India, Vietnam, Mexico, Papua New Guinea, Thailand, Srilanka, Solomon Islands and Malaysia are the world top copra producing countries.
Papua New Guinea, Indonesia, India, Solomon Islands, Thailand and Malaysia are the main copra exporting countries.
Philippines and Malaysia are the major importing countries.
Local trading hubs for Copra in India are:Karnataka
(Hassan, Koppal, Tumkur)Kerala
(Alappuzha, Ernakulam, Kannur, Kasargod, Kozhikode, Thiruvanathapuram)Tamil Nadu
Copra is traded in the commodity futures market at the National Multi Commodity Exchange of India ltd (NMCE).