Monday, 12 December 2011

PHL coconut exports to reach $2B, says PCA

Business Mirror

ROBUST demand for various coconut products, particularly coconut oil, in foreign markets will enable the Philippines to earn around $2 billion in export receipts from various coconut products, the Philippine Coconut Authority (PCA) said on Thursday.

PCA Administrator Euclides Forbes disclosed that around 80 percent of the export receipts projected for the year is expected to come from coconut oil.

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