Dried Fruit

Desiccated coconuts: prices increase by a third

November 26, 2020 11:08 AM, Der AUDITOR
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MANILA. The fears of market players have been confirmed: As the Philippines face numerous problems on various levels, coconut prices have increased significantly.

Damage to crops and infrastructure

The experts of T. M. Duché report that the prices for desiccated coconuts from the Philippines have increased by 33% since the beginning of October, for coconut oil even increases of 47% have been recorded. The reason for this were three strong typhoons within three weeks, which have massively damaged the infrastructure on the islands. In addition, there were power cuts, which also affected the coconut factories, and farmers reported severe damage to their crops, so that raw nuts are currently in short supply. In a

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