Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
The upward pressure on edible oils weakened towards the end of last week as worries over falling demand and rising stock weighed the market down. Figures looking at exports during early June showed a small increase but at the same time some key buyers demand dipped. However this week could see return to upward movement as information about slow Soya planting in the US and declines in Palm oil production should help to push the market higher. Coconut oil prices are stable at the moment held in place by low PKO prices and also increasing export figures fro April.
Desiccated prices have plateaued for now as renewed interest in coconut has kept Philippine prices from weakening with strong sales for both July and Aug. In fact some shippers are now fully sold fro July with little available for August. However this week could be quiet as Europe watches to see the outcome of the current Greek financial crisis and how this will impact the Eurozone.
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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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