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VIRGIN COCONUT OIL EXPORT TO DOUBLE SOON

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					VIRGIN COCONUT OIL EXPORT TO DOUBLE SOON

    Export of virgin coconut oil (VCNO) is expected to double or even triple once local products
standard which conforms to food safety standards of the Food and Agriculture Organization’s
Codex Alimentarius Commission are released before the end of the year. Around 200,000 liters of
VCNO so far have been exported mainly to the United States and limited markets in Europe,
Japan and Korea at prices ranging from $3 to $8 per liter.

     Public consultations are nearing conclusion, with a third round to be held on Oct.27 in Ormoc
City, Leyte. The process is expected to iron out minor issues like terminologies that should be
included and removed in the final language of the Philippine National Standards for VCNO, Paulo
P. Mamangun, Jr., president of the Virgin Coconut Oil Producers and Traders Association said.

     “Foreign buyers would now have an assurance of specific quality standards for locally
produced VCNO, which should entice them to source more from us”, he added. Thailand and
Singapore have also set standards for VCNO, although theirs are bundled with other coconut oil.
The Philippines is working towards a specific set of standards for VCNO. According to Mr.
Mamangun, the issue concerning the type of process used still crops up during the consultations,
but largely has been resolved. On the matter of moisture content, this has been settled to 0.2%
while on the free fatty acids, standard is now set at 0.2% from 0.5% previously.



United Coconut Associations of the Philippines, Inc. (2005). Virgin Coconut Oil Export
        to Double Soon. Retrieved July 30, 2005 from the World Wide Web:
       http://www.ucap.org.ph/102104.htm

				
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