Coconut Market Update 2nd December 2024
December 2, 2024
Shifting Price Trends in the Global Coconut Oil Market Coconut oil prices in the Rotterdam…
Supply glut continues to weight both crude and edible oil markets. More concerning though is the sluggish demand which could be a forewarning of global slowdown for next year. On Monday the Chair of the Malaysian Palm Oil Council predicted that Palm will stay low now till the year end. But by then El Nino should start to impact on supply so we should start to see prices start to level out at least.
Desiccated has been weaker recently as supply remains very good and tales of some shippers selling at low prices due to high stock positions. But other shippers have stronger sales for Sept and Oct so keeping prices pegged for now at least. BRC 7 with its greater emphasis on supply chain awareness is also helping stronger sales in the Philippines due to their expertise with quality documentation.
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December 2, 2024
Shifting Price Trends in the Global Coconut Oil Market Coconut oil prices in the Rotterdam…
November 28, 2024
We have received calls and emails from multiple sources suggesting that Franklin Baker, an M&S…
November 25, 2024
Firming Prices in the Global Coconut Oil Market In mid-November, coconut oil prices in the…
November 18, 2024
Price Trends and Market Dynamics The coconut oil market has shown strong performance, continuing its…
November 11, 2024
Price Trends and Market Dynamics During the first week of November, the coconut oil market…
November 4, 2024
Prices for coconut oil started the week strong, ranging from $1,745 to $1,755 per metric…
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