Coconut Market Newsletter — This Week 10th June 2026
June 9, 2026
The Earthquake off Mindanao The week begins with the impact of a magnitude 7.8 earthquake offshore…
Typhoon Goni (Rolly) made landfall on Sunday on the island of Luzon, home to the capital Manila; it was this year’s most powerful typhoon to hit the Philippines this year and the most powerful since 2013.
It comes just a week after Typhoon Molave hit the same region.
Mark Timbal of the Philippines’ national disaster agency said that 19 million people might have been affected by the path of Goni. “This 19 million already includes the populations in danger zones for landslides, flooding, storm surges and even a lava flow,” he told the BBC.
We are at the hight of the most destructive part of the Typhoon season in the Philippines, and with the effects of a La Nina weather pattern, it is forecast that there will also be increased rains in the coming months, this not only affects factories, farmers, and production but also causes delays to shipping routes across South East Asia.
With many ports in South East Asia and the Philippines already congested with freight, due to reduced capacity because of staffing shortages and freight prioritisation caused by COVID. We are encountering more and more ships rerouting and stuck in anchorages longer.
What does this mean for the coconut industry?
Farmers have been badly affected, and factories in the areas have been closed, and many roads closed. Right now, we do not know the full extent of any damage and the ongoing effects, but inevitability this will cause further delays to production and shipping.
Why not subscribe to receive the latest market news straight to your inbox to clinch the best deal!
June 9, 2026
The Earthquake off Mindanao The week begins with the impact of a magnitude 7.8 earthquake offshore…
June 2, 2026
El Niño The weather risk from El Niño is now becoming more worrisome, with most…
May 26, 2026
Weather and supply: El Niño risk on 2027 pricing With the El Niño developing this…
May 18, 2026
Several major climate centres predict that El Niño is likely to develop around mid-2026, with…
May 13, 2026
⚠ ELEVATED SUPPLY RISK: Super El Niño Developing PAGASA has placed the probability of a…
May 11, 2026
Strait of Hormuz, energy and edible oils. Markets are still reflecting a geopolitical risk premium…
If you require technical information about our products, then please login here to access the most up to date information...
Let's take a look at this...