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Feasibility Study of the Bangus Business

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Feasibility Study of the Bangus Business
COCONUT PLANTATION
Thursday, 30 June 2011 15:11 MASICAP TEAM 2011

RATIONALE
The coconut palm provides a substantial export income for many tropical countries, as well as food and drink for home consumption and fuel and shelter. Of the exported products, copra, the dried kernel, is a major source of vegetable oil and coconut oil, and shredded and dried kernel is widely used in the bakery and confectionery trades as desiccated coconut. Copra cake, left after oil extraction, is a valued animal feed, especially for dairy cattle.
The leading coconut producer nations are (in order) the Philippines, Indonesia, India, Sri Lanka, Thailand and Malaysia. In the Philippines, coconut industry is the oldest and most strategic agricultural industry, providing vital economic support to rural communities in the country. It affects the lives of 3.4 million farmers directly deriving their income from coconuts and another 23 million Filipinos indirectly depending their livelihood on it. Coconut remains a top agricultural export, annually earning an average of US$631.50 million (1999–2003). It is planted in 3.278 million hectares all over the country, dominating the landscape in 86% of all provinces, with 77% of all municipalities regarding it as a major crop. In addition, more than 60 percent of Philippine copra and coconut oil exports come from Mindanao. Most of the country’s coconut oil mills are based in Mindanao.
Coconut oil, desiccated coconut, fresh coconut and copra are the primary products of coconut, while its by-products include copra meal, activated carbon, coconut shell charcoal and coconut coir and coir dust. Coconut end products include detergents soaps, shampoo, cosmetics, margarine, cooking oil, confectionery, vinegar, and nata de coco. Its intermediates include oleo chemicals such as fatty acids and fatty alcohols.
According to the Philippine Coconut Authority, the region’s export shipment of copra meal for 2009 amounted to 31, 500 metric tons which is



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