Market Update 12th Feb 2020
February 12, 2021
Factories in the Philippines are currently running at a higher capacity than in recent months…
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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February 12, 2021
Factories in the Philippines are currently running at a higher capacity than in recent months…
January 29, 2021
There has been an easing of shipping prices in the past week, with prices closer…
January 20, 2021
2021 has begun with a bang as opposed to a whimper, in more ways than…
December 21, 2020
Over the weekend, several new challenges arise for haulage and shipping in the UK and…
December 18, 2020
2020 has been dominated by one thing, COVID, changing ways of life right around the…
November 25, 2020
We recently wrote about how market prices would be increasing, and we are now seeing…
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