Coconut demand seen surging from US, EU - BusinessWorld Online

Coconut demand seen surging from US, EU - BusinessWorld Online

THE PHILIPPINES needs to upgrade coconut production in the face of increased demand from the US and European Union (EU), an industry group said. “What we are facing right now is actually a good problem; we need more coconuts to export,” United Coconut Association of the Philippines, Inc. Chairman Marco C. Reyes told an online forum organized by the Philippine Manufacturing Team on Friday. He said that Philippine coconut exports have been growing…

Coconut prices soar amid surge in tender coconut demand - Star of Mysore

Mysuru: The price of coconuts in Mysuru has surged sharply, making them significantly costlier than in previous years. However, traders and officials anticipate a correction in prices within the next 15 days. Mysuru’s daily requirement stands at around 80 to 100 tonnes of coconuts — roughly two lakh coconuts. Of this, approximately 50 tonnes are sourced from neighbouring districts in Tamil Nadu, including Coimbatore and Salem, while the remainde…