Market Update 12th Feb 2020
February 12, 2021
Factories in the Philippines are currently running at a higher capacity than in recent months…
After quite a strong month Palm oil has dipped at the end. Profit taking, lower crude and weaker Soya have all helped to push the edible oil market lower as the month draws to an end. This despite recent predication’s that Palm oil production may dip by as much as 10% next year due to weather and sustainability issues. Coconut oil has been tracking lower as well following the other edible oils down.
Desiccated prices have been stable as Philippine shippers struggle over higher raw nut prices but strong competition from other origins. For now prices remain as they were but if nut prices rise any further then prices surely most go up!
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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…
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