Coconut Market Update 23rd June 2025
June 23, 2025
Global Coconut Market Update: Price Pressures and Supply Dynamics The coconut oil market experienced notable…
In the week ending October 5, 2024, international prices for coconut oil in Europe dropped sharply by $50.95, settling at $1,711 per metric ton (CIF). This decline contrasts with the previous week’s price of $1,761.95. Despite this drop, the palm kernel oil market showed an upward trend, increasing by $37.50 to $1,541 per metric ton.
Despite fluctuations in pricing, desiccated coconut prices for export have consistently stayed in the range of 80-125¢ per pound FOB for nine weeks, indicating stable demand for this vital coconut product.
European Trade Talks
The Philippines is working hard to expand its European market. Recent trade missions to the Netherlands and Belgium aimed to boost coconut product exports.
Additionally, the Philippines is resuming Free Trade Agreement (FTA) talks with the European Union, aiming to conclude negotiations by 2027 to secure preferential market access for coconut oil and other products. This is essential as the country nears the threshold of breaching its upper-middle-income status, which could disqualify it from the EU’s Generalized Scheme of Preferences Plus (GSP+).
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June 23, 2025
Global Coconut Market Update: Price Pressures and Supply Dynamics The coconut oil market experienced notable…
June 16, 2025
Rotterdam coconut oil prices closed higher last week, with sellers quoting $2,637.50 to $2,790 per…
June 9, 2025
Coconut Oil: Buyers Quiet as Prices Slip Slightly In the Rotterdam market, coconut oil prices…
June 2, 2025
Desiccated Coconut: Prices Steady, But Export Volumes Down Export prices for desiccated coconut held steady…
May 27, 2025
Desiccated Coconut Prices Hold Firm Desiccated coconut prices remained steady for both the U.S. and…
May 12, 2025
Coconut Oil Update Export Prices in Rotterdam: Coconut oil export prices are currently ranging between…
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