TYPHOONS REDUCE RP COCO EXPORTS BY 30%
Manila, Oct. 21, 1998 - Agriculture department officials and traders in coconut oil fear a 30% reduction in total coconut output as a result massive destruction wrought upon coconut plantations by typhoons Loleng and Iliang.
Rafael Baskinas, Bicol manager of the Philippine Coconut Authority, said the strong winds have uprooted coconut trees while those that remain standing have had their crowns damaged, and could not produce flowers or fruit for a long time.
The Philippines is the world's third largest exporter of coconut oil. RP exports of coconut oil averaged 107,000 tons monthly from January to September. However, the figure is expected to drop to only 70,000 because of the decrease in harvests, as well as disruption caused by closed roads and damaged bridges.
Reported by: Sol Jose Vanzi
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