Typhoon Kammuri (Tisoy) Update
December 5, 2019
TM Duché & Primex Update Typhoon Kammuri (Tisoy) Thursday 5th December 2019 Foremost in…
Crude oil has been slowly edging up for the last couple of months. So whilst Palm crops have slowly been recovering so edible oil prices have been put under more pressure because of this slow increase. Will continued recovery in Palm Oil crops lead to lowers prices or will this just lead to prices remaining level? Coconut oil prices have been edging higher with crude oil over the last few weeks making back ground it lost towards the end of the summer. Indonesia and Sri Lanka have both seen lower coconut oil production recently but will this recover in the first quarter of next year? And again will higher crude oil prices spoil any hope of lower prices.
Desiccated coconut prices have actually been very stable even with edible oils being little unstable. Sri Lankan high prices have meant demand has been pushed over to the Philippines for some clients. Add in Indonesia shipping some 5-6 weeks behind schedule and you can see why the Philippines is sold out through till March 2018 for some grades. What stock that is available is achieving some pretty high premiums.
Why not subscribe to receive the latest market news straight to your inbox to clinch the best deal!
December 5, 2019
TM Duché & Primex Update Typhoon Kammuri (Tisoy) Thursday 5th December 2019 Foremost in…
November 21, 2019
Palm oil and other edible oils are all up this week. There is a tightness…
November 4, 2019
The edible oil market has been firming up last two weeks as stockpiles of Palm…
September 30, 2019
The outlook that came out of the Globoil conference last week was of rising prices…
September 6, 2019
This week India increased their import duty on Palm oil to protect the home grown…
July 24, 2019
Some traders are wondering could we be about to see a run on edible oils.…
If you require technical information about our products, then please login here to access the most upto date information...
Let's take a look at this...