Subscribe free to our newsletters via your
. Military Space News .




FARM NEWS
Typhoon hits Philippine coconut oil exports
by Staff Writers
Manila (AFP) March 11, 2014


Philippine coconut oil exports fell 35 percent at the start of this year, driving up global prices, after a super typhoon destroyed millions of trees, an industry group said Tuesday.

In normal times the Philippines accounts for more than 40 percent of world exports in the oil, which is used in daily items such as detergents, bath soap and margarine, according to the United Coconut Association of the Philippines.

Super Typhoon Haiyan, which killed or left missing about 8,000 people in November last year, also destroyed or severely damaged about 10 percent of the nation's coconut trees.

This led to coconut oil exports falling to 143,870 tonnes in January and February, a drop of 35.2 percent for the same period last year, the association said, warning a quick turnaround was impossible.

"It will take several years for the supply to normalise (even) if we replant what has been lost during the typhoon," the association's executive director, Yvonne Agustin, told AFP.

"We are of course projecting a reduction in volume this year, and that would lead to increased prices in the world market."

Agustin said coconut oil prices were already "substantially higher" than before the typhoon, with the commodity currently trading at $1,445 a tonne.

While she could not give exact pre-typhoon prices, the Indonesia-based Asian and Pacific Coconut Community reported on its website that coconut oil sold for $810 a tonne in June last year.

.


Related Links
Farming Today - Suppliers and Technology






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





FARM NEWS
Livestock can produce food that is better for the people and the planet
Bristol, UK (SPX) Mar 06, 2014
With one in seven humans undernourished, and with the challenges of population growth and climate change, the need for efficient food production has never been greater. Eight strategies to cut the environmental and economic costs of keeping livestock, such as cows, goats and sheep, while boosting the quantity and quality of the food produced have been outlined by an international team of scienti ... read more


FARM NEWS
Raytheon awarded contract for Patriot

Lockheed Martin Adapts Missile Defense Analytics for Early Sepsis Detection

First US missile shield destroyer arrives in Europe

NATO gets first US destroyer for missile shield

FARM NEWS
N. Korean military defends missile tests

S. Korea calls North missile tests calculated provocation

South Korea buys more Phalanx missles from Raytheon

N.Korea test-fires four short-range missiles

FARM NEWS
Israel unveils new anti-missile systems, long-range UAV

Northrop Grumman's Common Imagery Processor Deploys To Support Global Hawk Block 40

Lockheed Martin Receives Contract For SMSS-KMAX Cooperative Teaming Demo

Lockheed Martin Team Surpasses Millionth Hour of In-Theater Airborne Surveillance

FARM NEWS
ASC Signal Completes First Phase of Horizon Teleports Installation and Receives Additional Antenna Order

Soldier's Network Update: US Army Capability Set 14 to Include AN/PRC-155 Manpack Tactical Radios

New Wireless Tagging And Tracking Capability For Managing Sensitive Assets

Lockheed Martin Mobile "Network in a Box" Upgraded

FARM NEWS
DARPA Begins Early Transition of Adaptive Vehicle Make Technologies

China soldiers too big for outdated tanks: report

From gas to submarines, Great War was crucible for deadly innovation

Researcher: Nazis experimented with mosquitoes as weapons

FARM NEWS
Pentagon plans little change to war budget despite Afghan exit

China unveils fresh double-digit spending boost for PLA

India orders bribery probe into Rolls-Royce deal: official

Iraq hosts arms exhibition as it battles militants

FARM NEWS
Claims Russia army in Crimea 'nonsense': defence chief

Walker's World: Putin's gamble

NATO to hold emergency Ukraine meeting Tuesday: Rasmussenw/

Ukraine mobilises army as West warns Russia

FARM NEWS
NIST microanalysis technique makes the most of small nanoparticle samples

Experts warn against nanosilver

The thousand-droplets test

Molecular Traffic Jam Makes Water Move Faster through Nanochannels




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.