Coconuts Get Pricier as Poor Weather Drives Global Shortage
Global demand is expected to keep climbing thanks to the coconut’s reputation as a tasty lactose-free and plant-based option.
Photographer: Eduardo Leal/BloombergThis article is for subscribers only.
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When Mohamad Fahmi Faat’s family in Kuala Lumpur prepared only half their usual amount of food for recent Eid al-Fitr celebrations, he blamed an ongoing shortage of coconuts, a staple ingredient in many Asian cuisines.