Virgin coconut oil wins the war of oils - Jun. 16, 2004
The Philippines has one of the largest coconut plantations in the world. It was not able to economically gain from it because of falling world prices and the popularity of palm oil.
The news report said that virgin coconut oil has antimicrobial properties. It has been used to help cure some SARS patients and some skin disorders. It also has healty fatty acids that helps lower cholesterol.
This is good news as the Philippines suffered heavy bashing from Malaysian palm oil and US soybean industry groups.