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05 January 1999 PHILIPPINE COCONUT EXPORTS JUMP 10% THE export of coconut products from the Philippines rose 10% to 2.1 million tonnes last year, according to the countrys United Coconut
Association. The country also increased its overseas sales of coconut oil by 13% to 1.2m tonnes, the trade organisation said. Adverse weather conditions were expected to damage the countrys
export growth. Crops were damaged by a severe drought in 1998, brought on by the El Niño and La Niña weather patterns. The Philippines, together with Indonesia, accounts for about 80% of
global coconut oil supplies. * _Financial Times 05/01/99 page 29 (News Digest) _