Market Update 17th December 2024
December 17, 2024
Global demand for desiccated coconut continues to grow, with export prices reaching 80-140¢/lb FOB, an…
Better weather in the US has been pushing prices of Soya oil lower as supply is expected to be better. However Crude oil prices have been edging up as US stocks continue to drop as demand picks up. Certainly the threat of a further glut in supply seems to be receding. So whilst lower US Soya prices have been the negative factor the improving Crude prices seem to be outweighing this. Coconut oil price has been stable throughout as demand remains steady. Although as we head into the typhoon season weather is going to play a much bigger role.
Desiccated prices have been weaker with the lower quality shippers as they chase down buyers for business. Sri Lanka prices have dipped quite heavily as the Middle East slow down orders post Eid al-Fitr. Philippine orders though remain strong as there remains strong buying at the quality end of the market.
Why not subscribe to receive the latest market news straight to your inbox to clinch the best deal!
December 17, 2024
Global demand for desiccated coconut continues to grow, with export prices reaching 80-140¢/lb FOB, an…
December 9, 2024
Global Coconut Oil Prices Remain Stable Amid Demand Pressures Coconut oil prices in the Rotterdam…
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…
If you require technical information about our products, then please login here to access the most up to date information...
Let's take a look at this...