Market Update March 7th 2023
March 7, 2023
As Q1 2023 draws towards an end, what have we learnt about the market so…
Palm and Lauric oils Congress has begun today in Kuala Lumpur which will see about 2000 of the industries most influential people meeting to discuss the market. However we need to wait for Wednesday afternoon for Dorab Mistrey report on pricing to get a feel for where the market might be headed. For now the market is quiet with little being done until traders return to work. Coconut oil has weakened last week a little on thin trading. Again this week should be quiet as everyone waits for POC to finish.
Desiccated has been weaker last week again on thin trading as most watch and wait. Tales of stock piles in Indonesia and rejections Indonesian product are also helping to keep prices weak. But there are buyers out there watching and waiting to cover the 2nd quarter.
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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
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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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