Direction??

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.