Market Update 22nd July 2024
July 22, 2024
International Prices Desiccated Coconut The international price for desiccated coconut remains steady across different regions.…
Palm oil has been trading lower since the dealers have returned after the holidays. Lower export figures coupled with weak Soya prices have pushed the markets to a two and a half week low. Traders are also concerned that Palm oil production should start to rebound soon which could add even more pressure to prices. Coconut has been holding steady just under the $1200 mark as demand remains firm.
Desiccated has been weaker in the last week as lower prices from Indonesia have been pushing other origins cheaper. Strong production from Philippines has also been helping to weaken prices its only Sri Lanka that’s moved slightly higher but this is down to local lull in production of raw nuts.
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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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