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Coconut Commodity Price Surge

Coconut oil prices have soared nearly 20% in a month, largely because of the growing popularity ofspecialty products such as coconut water as reported in the Wall Street Journal. Citing the demand for coconut water from the green young coconuts, that haven't matured to produce the white meat known as Copra that coconut oil is extracted from.

Creating a shortage for coconut oil that's used for detergent manufacture for example. The article furthermore looks at coconut water consumption trends in both The Philippines and Indonesia and the other impacts that further impact price, supply and demand of coconut related products aside from water.
A similar point is being echoed but this time with the desiccated coconut pricing and supply.
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Coconut Commodity Price Surge Coconut Commodity Price Surge Reviewed by Eat Drink Coconut on 17:18:00 Rating: 5

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