Coconut oil prices have surged dramatically, breaching the Rs. 500 per litre mark in several regions, raising alarm among households, traders, and FMCG companies alike. The steep increase has been driven by a confluence of factors, including reduced coconut yields due to adverse weather conditions, higher transportation and labor costs, and escalating demand from both domestic and export markets. The price spike is affecting everything from food preparation to cosmetic and ayurvedic product manufacturing.