Dried Fruit

Desiccated coconuts: factories slowly catch up with production shortfalls

February 15, 2021 at 12:31 PM, Der AUDITOR
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MANILA. The shortage on the spot market is causing the prices of coconut products to rise further. In addition, transport is a major challenge.

High demand from Europe

According to the experts of T.M. Duché, the factories in the Philippines are now working at better capacity due to the adjusted measures and are doing their best to slowly make up for the production losses. There is a massive backlog of coconut oil in particular, but the production of desiccated coconuts is also significantly affected. Since demand is very high, especially from the EU and the UK, and the warehouses there are practically empty, there is only a small amount available on the spot market. This causes pri

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