Market Update 16th June 2025
June 16, 2025
Rotterdam coconut oil prices closed higher last week, with sellers quoting $2,637.50 to $2,790 per…
Palm oil has been trading slightly weaker recently, with continued China lockdowns being the leading cause. Whilst slower seasonal production during November and December monsoons and higher energy costs are all supporting prices, lower demand from the second largest importer, China, is pushing prices the other way.
But after three years of COVID restrictions, traders wonder if China might change its position in 2023.
Soya oil prices have been supported by US demand for Biofuels, which, despite high crop levels, have kept prices boosted.
Will a US recession in 2023 impact demand for Biofuels?
But with high energy costs and increasing interest rates, Coconut oil has been slowly tracking up.
With only seven weeks or so of traditional typhoon season left, the Philippines has escaped any major impact on production; there may be a ceiling to any price increases.
We now see strong interest and bookings for Q1 and Q2 2023 for desiccated coconut. Buyers are keen to cover as overall edible oil prices edge higher, so locking in savings.
With ocean freight still falling and signs it might even hit pre-pandemic levels by the New Year, buyers seem more willing to commit further forward.
Supply remains good, so limiting that upside but still, with rising costs and now rising edible oil prices, how long before prices firm up?
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June 16, 2025
Rotterdam coconut oil prices closed higher last week, with sellers quoting $2,637.50 to $2,790 per…
June 9, 2025
Coconut Oil: Buyers Quiet as Prices Slip Slightly In the Rotterdam market, coconut oil prices…
June 2, 2025
Desiccated Coconut: Prices Steady, But Export Volumes Down Export prices for desiccated coconut held steady…
May 27, 2025
Desiccated Coconut Prices Hold Firm Desiccated coconut prices remained steady for both the U.S. and…
May 12, 2025
Coconut Oil Update Export Prices in Rotterdam: Coconut oil export prices are currently ranging between…
May 6, 2025
Desiccated Coconut Global FOB prices have remained steady for the fourth consecutive week, ranging…
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