Market Update March 7th 2023
March 7, 2023
As Q1 2023 draws towards an end, what have we learnt about the market so…
Palm oil this week has been firming up on slowing crops and upbeat demand. Also Soya prices have been rising this week as rains have slowed harvest in America so firming up the market there. The question is just how long can this run last and how high can the market go. Coconut oil has started to rise on the back of these other edible oils rising above the $1500 level. Could $1600 be broken by the end of the week?
Desiccated prices have been also firming up last week as origins notice a tightening of supply and continued demand. Whilst the increases have been small so far if the situation does not change we might see prices pick up at a quicker rate.
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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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