Coconut Market Update 24th August 2026
August 24, 2026
Market direction Trading of nearby desiccated coconut and European coconut oil remains subdued, while palm…
Typhoon Thirty Two is a developing tropical system in the Pacific that meteorological agencies are closely monitoring for potential strengthening and impact on the Philippines. The region remains vulnerable following several destructive typhoons earlier this year, and current forecasts highlight the need for close watch.
Typhoon Thirty Two: Overview and Threat
This is the latest tropical depression in the western Pacific, part of the 2025 typhoon season. However, it is still in early development and has not been officially named a typhoon yet.
Forecast models are examining its trajectory, with some suggesting it might move toward the Philippine Area of Responsibility (PAR). While the risk of landfall is uncertain, authorities are closely tracking its strengthening and updates.
In November, Typhoon Kalmaegi—locally named Tino—hit central Philippines, bringing strong winds, flooding, and severe storm surges. Over 387,000 people were evacuated before landfall, and the typhoon caused at least 40 deaths, according to recent reports.
Current Philippine Risk Assessment
Meteorological advisories warn of possible rapid intensification and a threat to eastern and central Philippine provinces, especially in Samar, Leyte, Cebu, and other parts of the Visayas, given recent weather patterns and ongoing vulnerability.
Coastal and low-lying areas should prepare for floods and storm surges. Government agencies are monitoring the situation for possible evacuations and infrastructure impacts.
Recent Major Typhoons in 2025
Super Typhoon Ragasa (September): Caused widespread disruption and school closures across northern Luzon.-
Typhoon Bualoi (September): Made multiple landfalls, resulting in 37 deaths, displaced over 400, 400,000 people, and later caused fatalities in Vietnam.
Typhoon Halong (October): Rapidly strengthened to Category 4, affecting Japan and western Alaska with record winds and flooding.
Typhoon Kalmaegi (November): Hit the Visayas, leaving at least 40 dead, displacing hundreds of thousands, and damaging infrastructure.
July Cyclone Cluster: Four cyclones, plus the Southwest Monsoon, caused at least 40 deaths, displaced millions, and destroyed thousands of homes.
Immediate Outlook
Meteorologists advise the public to follow official updates on Typhoon Thirty Two, as the country faces a year of frequent severe storms. Preparedness and evacuation plans are crucial given recent storm impacts and ongoing risks of heavy rainfall.
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August 24, 2026
Market direction Trading of nearby desiccated coconut and European coconut oil remains subdued, while palm…
August 18, 2026
This week, the coconut market continued to weaken, especially in coconut oil and Philippine copra.…
August 10, 2026
The coconut market has softened further this week, particularly in coconut oil, while desiccated coconut…
August 3, 2026
This week saw a mixed picture across the coconut sector. International coconut oil prices edged…
July 27, 2026
Desiccated coconut International export quotations remain notably stable at 109-190¢/lb FOB across the USA, Europe,…
July 20, 2026
The coconut market strengthened again this week, with coconut oil prices recovering after several weeks…
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