Market Update and News 25th March 2025
March 25, 2025
As we long suspected, Franklin Baker is in the process of being acquired. The plant…
Primex has taken to decision to close their factory in Candelaria, Quezon, due to staffing levels. The current quarantine situation has meant that they simply cannot get the number of staff in to run the factory, despite its best efforts, this is one main production facilities for Primex.
Primex do not expect the factory to reopen until at least the 13th April when the current quarantine regulations are due to end,
Primex’s other factories are currently still open, are running at lower production volumes.
What does this mean in the short term and longer-term?
TM Duché has product currently in transit to the and this is due to arrive in the coming weeks, much of this is already allocated to customers, however, we will have some availability.
The drop in production in the Philippines will lead to gaps in the supply in the coming weeks, please get in contact with us directly via phone or email to discuss your needs.
We are open as usual and most staff are remote working.
Why not subscribe to receive the latest market news straight to your inbox to clinch the best deal!
March 25, 2025
As we long suspected, Franklin Baker is in the process of being acquired. The plant…
March 18, 2025
Coconut Oil Prices Reach New Highs Coconut oil prices have surged again, with CIF Rotterdam…
March 11, 2025
Desiccated Coconut Prices Steady Despite Export Growth Desiccated coconut prices in the export market have…
March 3, 2025
Coconut oil prices have risen sharply, with CIF Rotterdam prices ranging from $2,060 to $2,140…
February 24, 2025
Desiccated coconut prices in the export market remain strong, ranging from $0.80 to $1.70 per…
February 18, 2025
Desiccated coconut prices are holding firm in the export market, ranging from $0.80 to $1.70…
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...