Market Update 12th Feb 2020
February 12, 2021
Factories in the Philippines are currently running at a higher capacity than in recent months…
The edible oil market moved up sharply yesterday in Europe. Stronger Soya prices along with a dip in Palm Oil stocks in Malaysia took the market slightly be surprise. After the recent lull in the market this pick up in demand pushed markets up. The main demand seems to come from China ahead of their mid autumn festival. Coconut oil followed the trend jumping nearly $100 on this upturn. The question is will this last?
August tends to be quiet for desiccated sales and this one is no different. Shippers have knocked their prices slightly to try to tempt buyers in however with most taking holidays business is limited. However with recent jump in coconut oil prices might firm up and interest will also pick up as must return towards the last last week of the month.
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February 12, 2021
Factories in the Philippines are currently running at a higher capacity than in recent months…
January 29, 2021
There has been an easing of shipping prices in the past week, with prices closer…
January 20, 2021
2021 has begun with a bang as opposed to a whimper, in more ways than…
December 21, 2020
Over the weekend, several new challenges arise for haulage and shipping in the UK and…
December 18, 2020
2020 has been dominated by one thing, COVID, changing ways of life right around the…
November 25, 2020
We recently wrote about how market prices would be increasing, and we are now seeing…
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