Market Update 12th Feb 2020
February 12, 2021
Factories in the Philippines are currently running at a higher capacity than in recent months…
Weak crude oil prices have been impacting on edible oil prices all year but recent declines caused by Chinese stock slumps and world wide glut have pushed price even lower. However Coconut oil for now seems to be holding out against recent falls both in Palm and Soya. But with US reducing its oil capacity because of recent declines the prices the downside could be limited for now.
Desiccated prices have been weakening all year as supply improves and new capacity for products like VCO come online easing the strain on some of the existing mills. But new requirements for BRC 7 and SMETA Ethical audits have been costing both time and money for the first rate mills so keeping their costs up. Crops of raw nuts are expected to decline as earlier hot dry conditions start to impact but have yet to see this.
Why not subscribe to receive the latest market news straight to your inbox to clinch the best deal!
February 12, 2021
Factories in the Philippines are currently running at a higher capacity than in recent months…
January 29, 2021
There has been an easing of shipping prices in the past week, with prices closer…
January 20, 2021
2021 has begun with a bang as opposed to a whimper, in more ways than…
December 21, 2020
Over the weekend, several new challenges arise for haulage and shipping in the UK and…
December 18, 2020
2020 has been dominated by one thing, COVID, changing ways of life right around the…
November 25, 2020
We recently wrote about how market prices would be increasing, and we are now seeing…
If you require technical information about our products, then please login here to access the most upto date information...
Let's take a look at this...