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The trend toward specialty products is being felt throughout the coconut industry, suggesting that prices for conventional oil aren’t likely to drop significantly in the near future, analysts say.

Coconut Oil Prices Surge On Changing Market Demand, Challenging Supply Chains

The result has been a jump in prices since February, to an average in March of $1,448 a metric ton, according to World Bank data released late Wednesday. That is more than 50 percent higher than the average price in 2013.

World Bank: Aquaculture, Fisheries The Key To Future Food Security

World Bank study shows food producing sectors like aquaculture will be vital in providing nutrition when the world population explodes to nine billion by 2050.

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The trend toward specialty products is being felt throughout the coconut industry, suggesting that prices for conventional oil aren’t likely to drop significantly in the near future, analysts say.

Coconut Oil Prices Surge On Changing Market Demand, Challenging Supply Chains

The result has been a jump in prices since February, to an average in March of $1,448 a metric ton, according to World Bank data released late Wednesday. That is more than 50 percent higher than the average price in 2013.

World Bank: Aquaculture, Fisheries The Key To Future Food Security

World Bank study shows food producing sectors like aquaculture will be vital in providing nutrition when the world population explodes to nine billion by 2050.