Market Update 16th June 2025
June 16, 2025
Rotterdam coconut oil prices closed higher last week, with sellers quoting $2,637.50 to $2,790 per…
The more destructive part of the typhoon season has now begun in South East Asia, and with the effects of a La Nina weather pattern, it is forecast that there will also be increased rains in the coming months, this not only affects factories, farmers, and production but also causes delays to shipping routes across South East Asia.
With many ports in South East Asia and the Philippines already congested with freight, due to reduced capacity because of staffing shortages and freight prioritisation caused by COVID. We are encountering more and more ships rerouting and stuck in anchorages longer.
The usual container movement network has changed totally in 2020 and this has led to shortages of the right containers being in the right place at the right time, this is a global issue right now. (https://theloadstar.com/container-shortages-a-growing-problem-for-us-agriculture-shippers/ )
Summary
Because of this disruption in the Philippines, we are now seeing prices increase on VCO and Desiccated Coconut.
Delays on the ground and shipping delays mean usual delivery expectations are not possible as we have seen shipping times go from 35 to over 50 days. And with typical contingency stocks depleted already, breaks in supply are very likely in the coming weeks and months.
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June 16, 2025
Rotterdam coconut oil prices closed higher last week, with sellers quoting $2,637.50 to $2,790 per…
June 9, 2025
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June 2, 2025
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May 27, 2025
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May 6, 2025
Desiccated Coconut Global FOB prices have remained steady for the fourth consecutive week, ranging…
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