Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
For the most part at the moment Palm Oil is edging just a little higher even with a drop in demand during October as shown by higher stocks. Demand for Soya would though appear up slightly on higher export figures. Still on traders minds is the fact that Palm oil crops for 2017 could dip which coudl drive prices even higher. Coconut oil is edging up also slightly but its busy time of the year and concerns over weather normally play on peoples minds.
For the most part the Philippines are fully sold now for this year. Also there have been heavy sales already for the first quarter of 2017 as buyers look to secure supply in case of poor weather. November and Early December can be the worse months for typhoons so most are watching hoping for good weather. There has been news recently that some Indonesian shippers are behind with their shipments so making a tight spot position even worse! For those that are interested you can keep an eye on typhoons here https://metoc.ndbc.noaa.gov/en/JTWC/;jsessionid=156125B720554A548995E4C3B1F55549#_48_INSTANCE_0SiamlX2KcM6_=https%3A%2F%2Fmetoc.ndbc.noaa.gov%2FProductFeeds-portlet%2Fimg%2Fjtwc%2Fhtml%2Fcoop.jsp%3F
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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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