Market Update – Wednesday 8th June 2022
June 8, 2022
As the war in Ukraine pushes past the 100-day mark, it might be a good…
In 2016 it is suspected that the world wide economic growth will slow down. This expectation is holding back prices of crude oil and edible oils. So whilst Palm oil crops are expected to be lower next year the expectation of reduced demand means prices are been held back. Coconut oil is staying pinned just under the $1100 level as reduced supply of raw nuts is evened out by lower demand.
Desiccated prices from some origins are starting to rise as lower supply of raw nuts starts to bite into production capacity. But for the Philippines at the moment prices are being held back due to excess production capacity. But with prices rising from other origins it could just be a matter of time.
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June 8, 2022
As the war in Ukraine pushes past the 100-day mark, it might be a good…
May 6, 2022
Indonesia The ban on palm oil exports put the market in a spin at the…
April 25, 2022
Update from Reuters JAKARTA, April 25 (Reuters) - Indonesia's agriculture ministry said on Monday that…
April 20, 2022
In a post-COVID World with global conflicts and some countries on the verge of a…
March 2, 2022
War by its nature leads markets into uncertainty. And for edible oil markets war in…
January 12, 2022
Due to ongoing Omicron COIVD outbreaks in the Philippines, we are seeing delays in getting…
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