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.
Typhoon Kammuri as it makes Landfall in the Philippines Manilla Airport Currently Close
Manilla Airport Currently Closed - 3rd Dec 2019
2nd Dec 2019 - Update on Typhoon Kammuri
Estimated at Signal No. 3 winds of 121 km/h to 170 km/h - with heavy rain & flooding
Updates on Typhoon Kammuri
This is the latest information from gulfnews.com
Thousands of residents on the Pacific-facing side of eastern Philippines have started moving to safer ground ahead of typhoon Kammuri
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….