FIJI COPRA PRICE WAR INTENSIFIES

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SUVA, Fiji (March 3, 1998 - PACNEWS/Ioane)---Claims of cut-throat dealings have emerged as Fiji's copra price war intensifies.

And several traders, including JKS Holdings, are crying foul, saying some of their copra consignments have disappeared. They believe the missing copra has been hijacked and sold to another dealer. JKS Managing Director Justin Smith says it happens all the time, The Daily Post reports.

JKS Holdings is among the leaders in the copra war, buying copra from farmers at $F 465 ($US 246) a ton, the highest price offered in Fiji for Grade One copra.

Other dealers are offering as much as $F 454 ($US 237) a ton for the dried coconut meat.

The Fiji Copra Board’s official price for Grade One copra is $F 404 ($US 221).

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