Thanks to higher prices for activated carbon in the overseas markets like the US, the UK, Germany, Japan and Korea, where it is mainly used for the purification of gold, water and air, India’s coconut product exports are set to cross the ₹ 2,000-crore mark in FY2019, says a report.
India exported 80,467 tonnes of activated carbon, valued at ₹ 1,123.64 crore, till January and the total exports of overall products stood at ₹ 1,812.55 crore. The value is estimated to touch ₹ 2,100 crore for the entire fiscal.
Activated carbon fetched a price of ₹ 140/kg in FY2019 vis-à-vis ₹ 100/kg in FY2018.
The low price of coconut shell and higher price realisation of activated carbon has made the industry more attractive, said the report.
