Coconut Market Update 2nd December 2024
December 2, 2024
Shifting Price Trends in the Global Coconut Oil Market Coconut oil prices in the Rotterdam…
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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December 2, 2024
Shifting Price Trends in the Global Coconut Oil Market Coconut oil prices in the Rotterdam…
November 28, 2024
We have received calls and emails from multiple sources suggesting that Franklin Baker, an M&S…
November 25, 2024
Firming Prices in the Global Coconut Oil Market In mid-November, coconut oil prices in the…
November 18, 2024
Price Trends and Market Dynamics The coconut oil market has shown strong performance, continuing its…
November 11, 2024
Price Trends and Market Dynamics During the first week of November, the coconut oil market…
November 4, 2024
Prices for coconut oil started the week strong, ranging from $1,745 to $1,755 per metric…
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