Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
Ok Typhoons first. Typhoon Koppu has now been down graded to a tropical storm as its slow progress over the Philippines. It’s damage has not been too severe as it was a class 4 when it made landfall but quickly lost power. However Metro Manila has still seen flooding and power failures across the city. It’s not expected that this typhoon will have limited effect on coconut oil prices. Palm oil has been stronger recently as both Malaysian and Indonesian Governments look to support the market.
Desiccated firmness has been stuttering in the last week as shippers with extra capacity seek buyers. But some shippers have stronger forward sales so not everyone is chasing every buyer down. It’s a watch and wait now to see if oils track higher still which will put some firmness back into the forward market.
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...