Coconut oil industry are swung by decreasing US demand

Other Coconut Oil

Philippines

United States

Published Jun 30, 2021

68.8% of the total Philippine coconut oil supply is intended for the US. US import demand fluctuations are highly dependent on its local consumption, which affects the Philippines' total exports. US demand seems to decline drastically following the plummeting global demand pattern, which has reached its lowest point.

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