Market Update March 7th 2023
March 7, 2023
As Q1 2023 draws towards an end, what have we learnt about the market so…
Today our thoughts are about the recent events in Paris and we all share in the pain that the people there feel. As some would say its a time for reflection. As you can imagine the markets are quiet at the moment with little trade being done. Add in that from tomorrow the APEC (Asia-Pacific Economic Cooperation) summit begins in Manila till Friday meaning most of the city is closed. For now though Palm oil stocks remains high keeping prices back but still continued concern over next year remain.
Desiccated prices do appear firmer at the moment as supply constrictions bite. Philippine and other origins all appear to have moved slightly higher. The question now is just how much more impact will less raw nuts have on the market?
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March 7, 2023
As Q1 2023 draws towards an end, what have we learnt about the market so…
January 30, 2023
We wanted to let you know that one of our client's email accounts has recently…
January 10, 2023
So, what does 2023 hold for desiccated coconut and coconut oil prices, along with prospect…
December 9, 2022
2022 has been a bumpy year for edible oils and desiccated coconut. Coconut oil hit…
November 9, 2022
Uncertain Times Palm oil has been trading slightly weaker recently, with continued China lockdowns being…
November 1, 2022
The Philippines is recovering from tropical storm Nalgae, which caused deadly flooding over the weekend.…
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