The country’s coconut oil exports bounced back in May this year after a slump in the previous month as traditional markets increased orders for their stock requirements, the United Coconut Association of the Philippines Inc. (UCAP) said on Thursday.
In a telephone interview, UCAP Executive Director Yvonne Agustin said that the Philippines’ CNO exports reached 136,985 metric tons (MT) in May 2013, up by 83.6 percent from the 74,613 MT a year ago.
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