Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
Low crude oil prices continue to bite into the edible oil market. As Bio fuels are less popular with low crude prices so demand for edible oils dip as reflected by data for July shipments of Palm oil. Also Soya price have taken a hit this week again on the back of lower demand. Summer though does normally see a dip in edible oil demand/prices as demand naturally dips for energy during warmer period in Europe. Coconut oil continue to hold our above the $1000 level as demand for products like VCO continue to improve.
Still mixed signals on desiccated as strong supply of raw material helps to keep prices lower despite demand actually being higher then normal for this time of the year. Also strong interest shows the buyers do still expect prices to rise eventually.
Why not subscribe to receive the latest market news straight to your inbox to clinch the best deal!
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…
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...