Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
Firstly sorry for the absence of reports in the last 2 weeks. I had intended to post an update during the INC Congress in the US but meetings and time took there toll. In reality also the market has been more subdued at the moment anyway. Palm oil prices have been down a little on the back of weaker competing oils, lower export volumes and increased crops. Whilst stronger crude prices have provided a stable base level of edible oils small perceptions in demand crops have edged prices up slightly and then back down again. Coconut oil supply remains good and raw nuts supplies in the Philippines seem to be returning to good levels. Prices for coconut oil have been hovering just above the $1400 level and suspect they will continue.
Desiccated prices have been stable over the last couple of weeks if not slightly lower as supply is good and demand steady. There are more enquires though for peak season Aug-Nov which may put a bit of pressure on the market in the near term.
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...