1 / 1

Free Search the Asia Pacific Coconut Oil Prices Online

In North America, the Coconut Oil Prices varied in the first quarter of 2023 as a result of fluctuating market dynamism from downstream businesses, including the food and cosmetics sectors. The cost of other edible oils declined in the first half of Q1 2023 as a result of the moderate to low demand from the pharmaceutical and cosmetic industries. Food prices rose globally and in the USA, in particular, due to the invasion of the Russia-Ukraine conflict and supply interruptions. As a result of the lesser supply coming from the main exporting countries to the USA

36496
Download Presentation

Free Search the Asia Pacific Coconut Oil Prices Online

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Free Search the Asia Pacific Coconut Oil Prices Online North America In North America, the Coconut Oil Prices varied in the first quarter of 2023 as a result of fluctuating market dynamism from downstream businesses, including the food and cosmetics sectors. The cost of other edible oils declined in the first half of Q1 2023 as a result of the moderate to low demand from the pharmaceutical and cosmetic industries. Food prices rose globally and in the USA, in particular, due to the invasion of the Russia-Ukraine conflict and supply interruptions. As a result of the lesser supply coming from the main exporting countries to the USA, prices rose in the second half of Q1 of 2023. In the final month of the quarter, there were still sizeable stockpiles in the domestic US market to meet consumer demand with the supplies despite an increase in demand. Asia Pacific In the first quarter of 2023, the price of Coconut Oil fluctuated across the Asia-Pacific region, particularly in Indonesia and India, due to unpredictably shifting market dynamics. As Indonesia only exported a small Palm Oil Prices in Q1 2023, the price of other edible oils increased in the first half of the quarter. Coconut Oil has become more widely used as an alternative in the domestic market as the cost of other edible oils has decreased. Due to low demand and significant market stocks, the price continued to decline in the second half of Q1 2023. The final month of the quarter saw a decline in pricing as a result of stable demand from end-user industries and domestic households. Towards the end of Q1 2023, the price of Coconut Oil was recorded to be USD 1876.05/MT for Ex-Kuttoor (India) in March 2023. Europe As a result of easier access to ports, notably those on the Black Sea, Coconut Oil prices in Europe fluctuated throughout the first quarter of 2023. Due to high production and low demand, the price of all edible oils, including Coconut Oil, fell in the first part of Q1 2023. Massive acres of farmland and the coconut plant's high productivity benefited from the climate. Prices rose in the second month of the quarter as a result of a decline in stocks with the nearby dealers. In the second half of Q1 of 2023, prices of other edible oils in the nation increased, including those for Coconut Oil, as a result of the lifting of the limitation on the export of a certain amount of palm oil. Towards the end of Q1 2023, the price of Coconut Oil was recorded to be USD 1505/MT for CFR Rotterdam in March 2023. ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

More Related