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 been slightly weaker as news of higher then expected US stockpiles and Saudi Arabia rule out slowing production. Also Palm oil production is up slightly which again was somewhat unexpected. This has all helped to push oils in general lower. Coconut oil is still hovering just over the $1200 level as the weakness from other edibles keep prices pinned back.
Desiccated prices rose in early February but seemed much more stable now. As Coconut oil continues to hover just above $1200 for several weeks now so this stability is being felt with desiccated. The real issue is though is lack of supply. Some Philippine shippers have sold out positions through till June so we are seeing prices from Sri Lanka and Indonesia increasing as they picked some over-spill in demand.
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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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