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 has been firmer this week on the back of currency , stronger Soya and better demand. However with crops continuing to improve and the likelihood that Soya crops will also be up this year the underlying current could be down. Palm is expected to remain quite volatile whilst it see-saw back and forth with news of better crops but then better demand. But with crude oil prices sliding lower on continued glut in the market then maybe the upside for edible oils is not quite there yet. Coconut oil seems to buck the edible oil trend somewhat at the moment. With lower supply for countries such as Sri Lanka and Indonesia due to poor weather last year and very strong demand its unlikely we will see any weakness soon.
Desiccated prices have been up slightly recently as buyers struggle to get good continuous supply. Strong demand and delays in production have all been helping to push prices even higher. And with seemingly no let up in demand and supply side issues likely to persist through till autumn its more then likely prices will remain firm for most of the summer.
Why not subscribe to receive the latest market news straight to your inbox to clinch the best deal!
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…
If you require technical information about our products, then please login here to access the most up to date information...
Let's take a look at this...