Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
Crude oil prices have continued to slide all week and look likely to decline towards the $50 price by Christmas. Also new reports of a global glut in edible oil from both Soya and Palm oil will only add to the downward pressure. At the moment the only thing holding off a greater slide is monsoon rains slowing Palm oil during December.
Coconut oil is tracking other edible oils lower and as it head towards the $1100 mark some are even predicting it to break through the $1000 level during early 2015 if nothing changes. With edible oil prices sliding even lower so desiccated prices are looking expensive at the moment. Demand has slowed for the holiday period but even more than usual as buyers watch oil prices knowing that at some point desiccated prices are likely to weaken.
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July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
July 8, 2024
The latest update of international prices for coconut products has shown varied trends. Coconut Oil:…
July 2, 2024
Coconut Oil Prices In Europe, sellers quoted prices at $1,388.05 per metric ton (CIF), slightly…
June 25, 2024
Price Updates Coconut Oil Europe: Seller prices slightly decreased to $1,395.50 per metric ton (MT)…
June 12, 2024
Shipping Costs stories are making their way into major news sites. Container costs are at…
June 8, 2024
Shipping The freight rates from China to Europe are expected to reach $10,000 per 40-foot…
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