Typhoon Kammuri (Tisoy) Update
December 5, 2019
TM Duché & Primex Update Typhoon Kammuri (Tisoy) Thursday 5th December 2019 Foremost in…
Palm oil has been trading lower since the dealers have returned after the holidays. Lower export figures coupled with weak Soya prices have pushed the markets to a two and a half week low. Traders are also concerned that Palm oil production should start to rebound soon which could add even more pressure to prices. Coconut has been holding steady just under the $1200 mark as demand remains firm.
Desiccated has been weaker in the last week as lower prices from Indonesia have been pushing other origins cheaper. Strong production from Philippines has also been helping to weaken prices its only Sri Lanka that’s moved slightly higher but this is down to local lull in production of raw nuts.
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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.…
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