According to PCA Deputy Administrator Roel Rosales, the declining price of copra is being experienced across the country.

Source: https://business.inquirer.net/407280/bigger-budget-sought-for-coconut-industry

“The project aims to meet the demands for quality copra edible oil and is in confirmation with the government objective to encourage industries based on locally available raw materials,” the company said in a project summary submitted to the EPA.

Source: https://guyanachronicle.com/2023/08/14/local-oil-mill-to-expand-production-with-new-5m-processing-plant/