Dried Fruit

Desiccated coconuts: farmgate prices maintain record level

December 1, 2021 at 12:24 PM , Der AUDITOR
Play report as audio

MANILA. In addition to high commodity prices, export prices for desiccated coconuts have also increased. And since all bad things come in threes, there is no relief in sight for freight costs either.

Uncertainty due to new coronavirus variant

In their latest report, the outlook of the experts at T. M. Duché is anything but rosy. Due to the new Covid variant Omicron, there is also a great deal of uncertainty on the coconut market, which will continue at least through the three trading weeks before the Christmas holidays. Further price increases cannot be ruled out. Farmgate prices are already at record levels and the goods are almost sold out for the first quarter of 2022. The situation for edible oils is mixed; they declined last week and rose again at the beginning of the week. According to T. M. Duché, coconut oil is trading below the 2,000-dollar mark. Prices for desiccated coconuts have also risen again on the European spot market in recent weeks.

Desiccated coconuts

Quality, origin


Fine, high fat, Sri Lanka


Fine, high fat, Indonesia


Fine, medium fat, Indonesia


Medium, high fat, Indonesia


Fine, Vietnam


FCA Spain

Freight costs remain high

Congestion in the ports continues to be a major problem and the experts at T. M. Duché expect freight prices to remain at record levels for the time being. In France, it was announced that the government would force shipping companies to reduce costs, but nothing has happened yet. In Asia, there is a possibility that the situation could ease after the Chinese New Year in February 2022, but this is not certain either.

Typhoon season meets La Niña

Weather conditions in Southeast Asia are currently extremely difficult as the annual typhoon season meets the La Niña weather phenomenon, resulting in heavy rains and yield losses. In the Philippines, however, production is going well and there have been no weather-related interruptions, according to T. M. Duché.

View more
price chart, desiccated coconuts, Sri Lanka
price chart, desiccated coconuts, Indonesia
price chart, desiccated coconuts, Philippines 
price chart, coconut oil, Indonesia
more price charts

View related articles

Go to the News Overview
Oct 2, 2023
NEW DELHI. Persistent rains are ensuring that the Indian peanuts of the new crop are not yet convincing with their quality. Chinese purchases are raising question marks, while the Gujarat government is supporting farmers.
Sep 28, 2023
ORDU. In Turkey the situation is still quite out of hand for hazelnuts. Main problem is that many suppliers signed contracts before it emerged that the crop would be much lower than anticipated. The TMO intends to leave exporters in the lurch.
Sep 28, 2023
SACRAMENTO/TEHRAN. While California’s pistachio industry is refuting USDA intentions of declaring a mysterious discolouration as a damage with large-scale impact, US exports have hit a record. Yet, the opposite is the case in Iran.
Sep 27, 2023
ATLANTA/PORTO ALEGRE. In the USA, the production outlook is mixed this year and different reports are causing confusion in the pecan market. In Brazil, however, an interesting development is taking place.