Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
This week tends to a relatively quiet week as world oil traders make there way to Kuala Lumpur for the 27th Global Palm and Lauric oils conference. Starting Monday we can expect keynote speeches about from a number of key players about the prospects for the Market in 2016/17. A key point this year is expected slow down in the global economy which will hit prices even with crops in key oils either declining or recovering from weather events. Coconut oil continues to hover just over the $1200 level with supply of raw nuts hampering prices at the moment.
A number of key shippers of desiccated are expanding their production capacity in 2016. How this will effect the market is not known yet but Philippine shipments of desiccated are expected to rebound in 2016 showing marked improvement over 2015 levels. For now prices are flat as shippers have strong order books up until 2nd half of the year so see no need to be fighting for business.
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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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