Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
The Philippines is “the most exposed country in the world to tropical storms” according to Time Magazine, with about 20 tropical storms a year making landfall, and of which ten are classed as Typhoons.
Sadly, the Typhoon ‘Ambo’ or Vongfong has resulted in 4 confirmed deaths and over $20 million worth of damage and is the first storm of the 2020 season.
Filipinos are very resilient people and are used to dealing with the yearly cycle of typhoons.
The farming and production of coconut has from the very beginning adapted to the effects of Typhoons and bounces back quickly.
In this case of Typhoon, ‘Ambo’ Primex’s factory in the area was only closed for one day with production back to previous levels (currently 50% due to COVID-19 measures), with some delays to harvesting and transportation caused by damage to the local
infrastructure.
Primex’s staff work supremely hard throughout the year to mitigate the effects of Typhoons on their production and are now are working under the extra challenges of the global pandemic.
At TM Duché, we support the work of Primex and their staff behind the scenes and work with them to ensure we can deliver their products to market ensuring their long-term success.
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...