Amadeusz Juskowiak

Indonesia unlikely to import philippines copra

Indonesia is unlikely to import copra from the Philippines in 1987 after importing 30000 tonnes in 1986 the US Embassys annual agriculture report said

The report said the 31 pct devaluation of the Indonesian rupiah an increase in import duties on copra and increases in the price of Philippines copra have reduced the margin between prices in the two countries

Indonesias copra production is forecast at 132 mln tonnes in calendar 1987 up from 130 mln tonnes in 1986