August 20, 2025 9:46 AM
Humble coconut oil turns into a luxury on rising demand, shrinking output
Prices of coconut oil are surging in Asia, where top consumer India leads the charge with a tripling in two years, as supply shortages and booming demand for the nutrient-rich water enclosed within turn the kitchen staple into a premium product. The edible oil is slipping out of the reach of price-conscious consumers, and those accustomed to its distinctive flavour, deeply embedded in regional cuisine, must search harder to find alternatives. "I will switch to the more affordable refined sunfl...