Dried Fruit

Desiccated coconuts: producers catch up

August 3, 2020 at 4:24 PM, Der AUDITOR
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MANILA. The production and delivery delays caused by the coronavirus measures are slowly decreasing again in the Philippines. However, this does not mean that the problems have been solved.

Coconut oil becomes scarce

Aggravated conditions such as the social distancing rules in the factories and a shortage of raw materials in some places continue to have a negative impact on the total production volume. Producers are currently busy with shipments for October-December and most are already taking new orders for 2021.

Prices are currently stable, but coconut oil prices are forecast to rise in Q3 and Q4 due to limited supplies. The experts of T.M. Duché even expect that the high price level of 2018 can be reached again.

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