Market Update – Wednesday 8th June 2022
June 8, 2022
As the war in Ukraine pushes past the 100-day mark, it might be a good…
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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June 8, 2022
As the war in Ukraine pushes past the 100-day mark, it might be a good…
May 6, 2022
Indonesia The ban on palm oil exports put the market in a spin at the…
April 25, 2022
Update from Reuters JAKARTA, April 25 (Reuters) - Indonesia's agriculture ministry said on Monday that…
April 20, 2022
In a post-COVID World with global conflicts and some countries on the verge of a…
March 2, 2022
War by its nature leads markets into uncertainty. And for edible oil markets war in…
January 12, 2022
Due to ongoing Omicron COIVD outbreaks in the Philippines, we are seeing delays in getting…
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