Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
The current economic crisis in Greece has made the market rather nervous after Sundays No vote. Pick up any newspaper and they all have different views on what will happen next. Its that uncertainty which has pushed crude oil prices sharply lower and knock commodity prices as well. Add in that Palm oil stock continue to climb and you can see why prices have slide further this week and may continue until the current crisis is either ended or we at least know what will happen to the Euro. Coconut oil prices are hovering above the $1000 level but some believe that this could be breached later this week if news continues to be poor.
Philippine desiccated prices have remained firm as buyers have switched from Indonesia as the two origins prices narrowed very closely last month. In reaction Indonesia have recently seen their prices slide further as they compete back with Philippines. But as schools start to break up for summer holidays trading is expected to be patchy for next 6-8 weeks.
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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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