Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
So Palm oil has been on a rally recently reaching a six month high on the back of strong demand. However a recent report from a leading analyst is saying that Palm oil could now decline 15-17% as demand falls away mainly from northern hemisphere at this time of year? But with Crude Oil prices up recently is such a decline likely? Coconut oil prices have been stable at the moment but traders are watching weather systems at the moment as we enter the highest part of the typhoon season. Supply is tight so it wont take much to push prices higher.
Desiccated prices have been firmer lately as Philippine shippers are now pretty highly sold till the end of the year. In fact the number of sales for early 2018 have been higher now then this time last year. Some are keen to secure supply others hedging against poor weather. Certainly availability for Nov/Dec seems destined to causes problems for some.
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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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