Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
Crude oil prices have rallied recently which has pushed prices higher but this in turn could now push up production as oil companies look to start drilling again on some sites. Edible oil prices have taken a down turn as recent increases have leveled off as Soya prices have dipped as traders consider a potential glut in supply for both oils. Coconut oil remains above the $1100 on the back of these recent increases but could now weaken again slightly.
The real factor with desiccated seems to be improving supply of raw nuts which is helping ease production issues which have dogged the market for 12 months now. But equally demand has started to pick as lower prices appeal to buyers. Will the two equal out or will one overtake the other? But coconut is ever more popular these days so demand is staying buoyant.
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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…
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