The government purchase is part of the Coconut Price Stabilization Act, which is propping up the market for coconuts and its byproducts. Best-quality dried skins, which contain less than 5 percent moisture, are bought at 15 baht per kilogram. The selling price is government controlled at 23 baht per kilogram.
Farmers eligible for support must be registered with the province. Those interested in participating should contact FTI Co. at 99 Moo 2 Klongtumrhu, Chonburi.
Farmers bring in their coconut skins to sell to the government.