Market Update 21st October 2024
October 21, 2024
Price Movements in the International Coconut Market Coconut oil in Rotterdam traded at $1,718.50/MT CIF,…
You may have seen the article in the UK Times this weekend about the use of monkeys to pick coconuts in Koh Samui, Thailand, based on research from PETA.
We wanted to follow up about how our coconuts are produced in the Philippines.
It is a very different story in the Philippines, the world’s largest exporter of coconuts; it was never the custom to use monkeys to pick coconuts or any other animals for that matter.
Harvesting methods are either manual (climbing) or using bamboo poles, or more recently, coconut palms have been cultivated into much shorter palms to make picking easier.
We’ve visited farms all over the Philippines as part of our relationships with growers and manufacturers over the past 50 years, and we have never seen monkeys used.
Our manufacturers ensure we farm coconuts ethically while helping farmers all over the Philippines prosper.
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October 21, 2024
Price Movements in the International Coconut Market Coconut oil in Rotterdam traded at $1,718.50/MT CIF,…
October 14, 2024
In the week ending October 5, 2024, international prices for coconut oil in Europe dropped…
October 7, 2024
In the week ending September 28, 2024, international coconut oil prices in Europe increased slightly…
September 23, 2024
The price of coconut oil has increased slightly, while prices for palm kernel oil and…
September 16, 2024
Coconut oil prices remain firm despite a lack of trading activity in key markets like…
September 9, 2024
Shipping News Container spot freight rates between Asia and Europe have dropped Rates on the…
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