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Dry coconut is higher in saturated fat than dairy. It has no cholesterol and is very low in sodium. Dry coconut is high in manganese which researchers say is beneficial for healthy skin and bones and helps maintain good blood sugar levels. The resulting Dry coconut is off-white to white in color with a mild coconut flavour.Dry coconut has a longer shelf life than fresh coconut and can be bagged and refrigerated for up to six months. Dry coconut is the source of coconut oil.