TACLOBAN CITY — Copra price continues to plunge early this year affecting the livelihood of thousands of families in Eastern Visayas (Region 8), the Philippine Coconut Authority (PCA) regional office here confirmed on Friday.
TACLOBAN CITY — Copra price continues to plunge early this year affecting the livelihood of thousands of families in Eastern Visayas (Region 8), the Philippine Coconut Authority (PCA) regional office here confirmed on Friday.
Farm gate trading price of copra, one of the by-products of coconut, dropped to PHP12.17 per kilogram as of Feb. 21 from PHP31.94 in the same period in 2018 and PHP36.44 in 2017.
With the declining price, our coconut farmers are hopeless and frustrated. We have to assure them that this is not the end. It’s a matter of providing assistance and we encourage them to go for intercropping, said PCA Regional Manager Jeffrey Delos Reyes.
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