Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
There are reports of new lockdown regulations in parts of the Philippines including Manilla, starting from tomorrow 4th August, as cases of COVID-19 continue to rise and the government vows ‘recalibrated’ strategy vs COVID according to the CNN Philippines website.
Primex expects that this should not impact them significantly, as the lockdown locations are not near their factories in the area. And staff already work every other day as a safeguard. Also, Primex staff are not using public transport to get to work as a further precaution.
We see production slowly catching up, however as things change on the ground, we expect that if there are any other changes to regulations, the catch up may slow down.
We are seeing prices stable right now but expect increases towards the end of the year and positions are filling up quickly for the last three months of 2020. And we predict that there will be supply issues into Q1 2021.
Why not subscribe to receive the latest market news straight to your inbox to clinch the best deal!
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…
If you require technical information about our products, then please login here to access the most up to date information...
Let's take a look at this...