MANILA, Philippines – Philippine coconut exports from January to July this year declined by 40.2 percent, figures released yesterday by the Philippine Coconut Authority (PCA) showed.
Volumewise, coconut exports reached only 895,215.55 metric tons, in the first seven months this year, way below the 1,497,016.89 MT, registered in the same period last year.
In dollar terms, however, the value of Philippine coconut exports jumped 34.74 percent to $1,224,414,795, as prices firmed up dramatically.
According to PCA administrator Euclides G. Forbes in an interview yesterday at the 25th National Coconut Week Celebration and 10th Coconut Festival at the Mega Trade Hall in Mandaluyong, the lower export volume is due to the delayed effect of the El Niño phenomenon last year and the high production in the past three years.
On the other hand, export value, improved as demand from the United States, the United Kingdom and Japan has increased.
The value of coconut oil exports increased 30.78 percent to $923,455,398 as average prices of coconut oil last year to $1,867.60 per MT this year went up from $813.37/MT.
Forbes is optimistic that with the end of the delayed effect of El Niño in the middle of this year, production may still hit the one billion-metric ton volume, with value hitting between $2.3 billion and $2.5 billion. –Marianne V. Go (The Philippine Star)
Nov 16 – International Day for Tolerance
“No more toleration of corruption!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
November
Nov 2 – Intl Day to End Impunity for
Crimes Against Journalists
Nov 9 – World Science Day for Peace
and Development
Nov 16 – International Day for Tolerance
Nov 19 – World Toilet Day
Nov 20 – World Children’s Day
Nov 25 – Intl Day for the Elimination of
Violence Against Women
Monthly Observances:
Homes Safety Month
Filipino Values Month
National Rice Awareness Month
National Consciousness Month
for Punctuality and Civility
Environmental Awareness Month
National Children’s Month
Organic Agriculture Month
Weekly Observances:
Nov 19-25: Global Warming and
Climate Change Consciousness Week
Nov 23-29: National Girls’ Week
Population and Development Week
Nov 25 – Dec 12: Social Welfare Week
18-Day Campaign to End
Violence against Women
Week 2: Week 3: Drug Abuse Prevention
and Control Week
Last Week: Safety and Accident
Prevention Week
Daily Observances:
Last Saturday: Career Executive Service
Day
Nov 19: National Child Health Day
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
