Market Update 20th Jan 2025
January 20, 2025
Price Trends for Desiccated Coconut In the international market, the export price of desiccated coconut…
Well Thursday looks set to be an important day. We will know then if the US Federal Reserve will increase interest rate for the first time in a decade. Opinion is split which way they will go but an upwards movement is likely to weaken crude oil prices further as it will signal a further slow down in demand. Crude oil prices have been weaker slightly but with oil production declining its looking flat at the moment. Palm oil production is also down slightly which has helped to stabilize prices even with demand low and stocks high. Coconut oil though has been climbing slightly as husked nut supply is low with prices rising.
Desiccated prices have been firmer recently as buyers pick up shorts because of the increase on coconut oil prices. Most are wondering is the current increase in husk nuts prices caused by the dry weather during the first half of the year? If so then in reality prices will most likely rise further still as supply and crops are reduced.
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January 20, 2025
Price Trends for Desiccated Coconut In the international market, the export price of desiccated coconut…
January 14, 2025
International Market Trends: Stability in Desiccated Coconut Prices The international market for desiccated coconut remained…
January 9, 2025
The TL: DR In 2025, the coconut market will face a mix of challenges and…
December 23, 2024
Desiccated Coconut Market Sees Growth in Prices and Export Demand In mid-December, the global market…
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…
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