(Bloomberg) -- Exports of coconut oil from the
Philippines, the world's biggest producer, almost halved in May
as domestic demand rose and damage from typhoons last year
curbed output, an industry executive said.
Overseas sales fell 45 percent to 69,279 tons from a year
earlier, United Coconut Associations of the Philippines Inc.
Executive Director Yvonne Agustin said, citing a preliminary
report from industry members. Exports in the first five months
halved to 260,129 tons from a year earlier, she said.
Read more at Bloomberg Commodities News
Philippines, the world's biggest producer, almost halved in May
as domestic demand rose and damage from typhoons last year
curbed output, an industry executive said.
Overseas sales fell 45 percent to 69,279 tons from a year
earlier, United Coconut Associations of the Philippines Inc.
Executive Director Yvonne Agustin said, citing a preliminary
report from industry members. Exports in the first five months
halved to 260,129 tons from a year earlier, she said.
Read more at Bloomberg Commodities News
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