Market Update March 7th 2023
March 7, 2023
As Q1 2023 draws towards an end, what have we learnt about the market so…
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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March 7, 2023
As Q1 2023 draws towards an end, what have we learnt about the market so…
January 30, 2023
We wanted to let you know that one of our client's email accounts has recently…
January 10, 2023
So, what does 2023 hold for desiccated coconut and coconut oil prices, along with prospect…
December 9, 2022
2022 has been a bumpy year for edible oils and desiccated coconut. Coconut oil hit…
November 9, 2022
Uncertain Times Palm oil has been trading slightly weaker recently, with continued China lockdowns being…
November 1, 2022
The Philippines is recovering from tropical storm Nalgae, which caused deadly flooding over the weekend.…
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