Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
Palm oil output surged in March with supply outstripping demand pushing the price to a six month low. This even with expected increase in demand during April and May ahead of Ramadan. But demand was higher in March then previous month so the question is can supply continue to outstrip the demand if it picks up even further? Coconut oil has been tracking other edibles lower especially palm kernel oil. But Palm Kernel oil has been moving lower as improvements in technology help to improve yields. Coconut oil may still dip further as it tracks the general market.
Desiccated prices have been also edging slightly lower as the weakness in the oil market spills over. However demand for some origins remains strong keep prices higher. Also lack of supply of medium coconut has meant some significant premiums can be seen over Fine grade. This week though should be much quieter as buyers everywhere take advantage of the short week for extra holidays.
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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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