14Sep 2020 by tdimp@dmin

All about the World Coconut Day 2020

The World Coconut Day falls on the 2nd of September 2020 every year to raise awareness on the significance of coconut across the globe. The Asian and Pacific Coconut Community (APCC) and its members including India, Fiji, Indonesia, Malaysia, Kiribati, Federated States of Micronesia, Papua New Guinea, Solomon Islands, Marshall Islands, Philippines, Thailand, Vanuatu, Vietnam, Sri Lanka, Solomon Islands and Samoa, and associate member countries including Kenya and Jamaica celebrate the World Coconut Day. World Coconut Day 2020 is aimed at encouraging investment and promoting the development of coconut industry and coconut products in the member countries of APCC. It is also celebrated to make the people understand that coconut plays a major role in the eradication of poverty especially in these countries. History of World Coconut Day World Coconut…

09Sep 2020 by tdimp@dmin

Coconut made a comeback as commercially viable crop earlier this year before COVID pandemic – Part 2

Coconut

Let us continue from where we left in the previous blog. Coconut and palm oils have been important sources of dietary fats for several centuries in most part of Asia and Africa. Recent research studies indicate that both these oils contain beneficial effects with respect to their roles in health, nutrition and national development. In the vegetable oils market, only palm kernel oil (PKO) and coconut oil (CNO) are lauric oils having monolaurin, also known as glycerol monolaurate, which is a by-product of coconut fat, and chemical derived from lauric acid and glycerine. Monolaurin is an organic source of the medium chain triglyceride, and is generally considered healthy. The choice of consumers is more often than not dictated by price. Price can heavily impact the market for CNO if it…

03Sep 2020 by tdimp@dmin

Coconut made a comeback as commercially viable crop earlier this year before COVID pandemic – Part 1

Coconut

Coconut, for almost half a century, has been viewed as a dying commodity of an industry in decline. But the humble coconut staged a strong comeback as a commercially viable product. The reason attributed to its comeback is bold initiatives and innovative approaches taken by industry participants particularly in the area of global processing and heavy investment in technology adoption and upgrades leading to the increased capacities of factories worldwide for higher throughput. Most enterprises, due to embracing technology changes, were able to increase capacity that helped process 4 million coconuts per day; they are already operating at 50 per cent of that capacity. There has been an increase in the number of coconut products, which is at present 120, from just about 30 products some 15 years ago. The…