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ARECANUT PRICES DROP AGAIN DUE TO AVAILABILITY OF IMPORTED ARECANUT - vyaparsampark.com
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Arecanut prices for New Chali, Choll and Koka varieties dropped again by Rs.10 to Rs.20 per kg in major markets. Availability of illegally imported arecanut evading taxes at higher quantity is one of the reason for the price drop according to the news sources. Prices have been droping symaltaneously even though the production is expected to be lower for the year due to advers affect of the climate.