Market News
Massive numbers of factors that affect the market and pricing. Primarily the edible oil market since you can either produce desiccated coconut or coconut oil but not both. Coconut oil much larger than the desiccated market with around 3.2 million tonnes coconut oil produced annually and 360,000 mt of desiccated. Also popular at the moment is VCO (virgin coconut oil) which processing costs are much higher than normal coconut oil because it’s only produced by pressing the pure white meat.
Latest Positions 9th June 2020
We are now working on the earliest positions realistically available as being October.
So we recommend that you get your orders in now!
Update on the Current Coconut Philippines Production May 20th 2020
The Philippines is "the most exposed country in the world to tropical storms" according to Time Magazine, with about 20 tropical storms a year making landfall, and of which ten are classed as Typhoons.
Palm Oil Hits 3 Year High - All Other Edibles Oil Up
Palm oil and other edible oils are all up this week. There is a tightness at the moment between edible oil production and demand which is….