Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
We are working with Primex on a daily basis to get the latest positions.
Primex has been running at factories at a reduced capacity over the past few months due to several factors:
The entire market has had the same production delays, with some markets closed entirely over the past couple of months.
Primex has been regularly updating and streamlining production processes, as well as adding in new shift patterns to increase production, and it is increasing overall production.
However, there is a backlog of orders in the system.
We are now working on the earliest positions realistically available as being October.
So we recommend that you get your orders in now!
– we are taking positions into December already and imagine the 2021 book will be open in the next couple of weeks.
The rest of the market and with other producers are also sending the same signals.
The longer-term effect on pricing is hard to judge right now, but with positions for Q4 filling up, prices are likely to rise with demand.
In the background, we are developing automated notification systems for clients to update them on orders, manufacturing and shipping.
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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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