Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
Well its been a busy week with the Anuga trade fair in Germany. But markets never sleep and that is very true of edible oils. Two stories emerging this week one of record stocks levels in Malaysia and at the same time continued demand for Palm oil as exports increase as well. Crude oil has been down though as continued fear of a glut carries through. Coconut oil has dipped towards the end of the week tracking Palm oil as prices weakened slightly.
Desiccated prices have been firmer lately as coconut oil prices rose above the $1100 level. However as oil prices have weakened slightly so this upward pressure has reduced. Weather will now play an important role as the market looks for direction somewhat.
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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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