Wednesday, 11 February 2009 1:28 PM

Positive outlook for Copra?

Dear Editor,

I would have to say that I disagree with what the manager of CEMA is saying. In the medium term I doubt very much that copra, or any other commodities for that matter, will see an increase in prices. In case the GM of CEMA hadn't noticed, there is a financial crises in all our major markets which will have negative spillover effects to exporting countries such as ourselves. I would like to say to all copra and cocoa farmers to prepare for the worst, as many economists have warned, "things will get worse before they get better."

Disclaimer: The views and opinions expressed in this letter/article are those of Chris Linton and do not necessarily reflect the official policy or position of Solomon Times Online.

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