Market Update – Wednesday 8th June 2022
June 8, 2022
As the war in Ukraine pushes past the 100-day mark, it might be a good…
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.
Why not subscribe to receive the latest market news straight to your inbox to clinch the best deal!
June 8, 2022
As the war in Ukraine pushes past the 100-day mark, it might be a good…
May 6, 2022
Indonesia The ban on palm oil exports put the market in a spin at the…
April 25, 2022
Update from Reuters JAKARTA, April 25 (Reuters) - Indonesia's agriculture ministry said on Monday that…
April 20, 2022
In a post-COVID World with global conflicts and some countries on the verge of a…
March 2, 2022
War by its nature leads markets into uncertainty. And for edible oil markets war in…
January 12, 2022
Due to ongoing Omicron COIVD outbreaks in the Philippines, we are seeing delays in getting…
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...