Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
Crude oil has been weaker in recent weeks as oversupply weighs down the market. However prices have been creeping up recently as inventories have been lower. But still oversupply will keep prices pegged lower. Palm Oil has failed this year to hit highs that were predicted at the beginning of the year. And whilst predictions are that forward prices will have to rise nearby positions remain much weaker. Coconut oil also seems to be tracking this nearby weakness at the moment. Although husked nut prices are rising at the moment as demand is picking up a little which might push into coconut oil prices.
Desiccated has been firming up recently on freight rates increases and heavy sales for nearby positions. Although good supply is keeping prices from going up too much. Expect prices to increase some more as further freight charges are brought in and as we start to see typhoons in the Philippines.
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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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