Coconut Market Weekly Update 11th May 2026 – El Niño signal for 2026 and why coconut should care
May 18, 2026
Several major climate centres predict that El Niño is likely to develop around mid-2026, with…
Last week, an earthquake struck the Philippines, disrupting several agricultural regions, particularly those heavily reliant on coconut farming. Over 72 people lost their lives as a result of the tragedy.
The quake damaged key infrastructure like roads and local facilities used for coconut processing and transportation, causing delays in harvesting, collecting, and transporting coconut products to markets. Farmers reported crop losses due to fallen trees and damaged plantations, which may lead to short-term decreases in coconut supply and higher prices for related goods.
International Coconut Oil prices in Rotterdam stayed relatively low, ending the week on September 27, 2025, with mixed movements. Prices settled between $2,520 and $2,680 per metric ton CIF for both nearby and deferred contracts.
The market saw very few buyers, and most trades were inactive. Notably, the price premium of Coconut Oil over palm kernel oil (PKO) increased significantly, with the weekly average rising to $437.28 per MT from $350.60 the previous week. This widening occurred despite the overall vegetable oils market being generally weaker.
Desiccated Coconut
The domestic price for desiccated coconut in Manila continued its upward trend, reaching a range of P5,180–P5,468/100 lbs. bag. The international price range remained steady for the third consecutive week, holding at 147.00 – 190.00 ¢/lb. FOB for the USA, Europe, and other markets.
We are beginning to see the market firm up, and at the trade shows, people are more willing to buy, and we believe this will continue into Q4.
VISIT US AT THE ANUGA TRADE SHOW HALL 01.2 H010 on the PRIMEX STAND TODAY & TOMORROW
Container Shipping News
Container spot rates from Asia to Rotterdam continue to decline. Drewry’s latest World Container Index (2 Oct 2025) reports a composite market rate of $1,669/FEU, the lowest since January 2024.
The Shanghai–Rotterdam benchmark dropped another 7% week-on-week to approximately $1,613/FEU, marking the 16th consecutive weekly decline as carriers face softer demand and increased capacity.
For coconut shippers moving into Northern Europe, this decrease reduces landed costs compared to mid-year peaks. However, routing, feeder legs, and blank sailings can still cause week-to-week variations in all-in quotes.
Note:
The Rotterdam market is rarely used nowadays. Most transactions are handled directly by major commodities traders, typically known as ABCD—Archer Daniels Midland, Bunge, Cargill, and Louis Dreyfus, with Wilmar also being a significant player. These firms buy directly from millers in the Philippines, thus bypassing the Rotterdam market. When we refer to a quiet market, it doesn’t necessarily mean no business is being done; rather, it is just not publicly disclosed. Therefore, it shouldn’t be seen as an indicator of the market’s overall health or future direction. The UCAP in the Philippines relies on this information for their market forecasts, as it is its only available resource, which we also pass on as part of our many information sources – we also do not have access to private trades other than our own.
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