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Desiccated coconuts: rising commodity prices

July 14, 2026 at 4:50 PM , Der AUDITOR
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MANILA. While export prices remain largely stable, raw material prices for desiccated coconuts are already beginning to increase. The weather is to prove particularly crucial for this year’s crop.

Commodity prices are climbing

The coconut market is showing increasing strength. According to the latest market information from the experts at JCP International, prices for coconuts and copra are rising steadily in the main growing regions of the Philippines and Indonesia. This trend now affects numerous producing regions and is attributed to a tightening raw material supply.

The rising costs of coconuts and copra are now having an increasing impact on the rest of the value chain. Following a prolonged period of stable prices, domestic prices for desiccated coconuts are now also rising. Although export prices have remained largely stable so far, rising processing costs are increasing the cost pressure on exporters. Should the trend in raw material prices continue, market experts believe this situation is unlikely to be sustainable in the long term.

Demand remains subdued

Internationally, buyers continue to act cautiously and are predominantly covering only their short-term requirements. As a result, a large proportion of demand for the third and fourth quarters has not yet been covered. At the same time, there are increasing signs that the market may have reached its cyclical low or may at least be approaching it. Even a slight upturn in demand or further constraints on the supply side could trigger a broader upward trend in prices.

Several factors point to continued support for the market in the second half of the year. Seasonally, coconut production usually declines, whilst demand traditionally rises towards the end of the year and in the run-up to Ramadan. Added to this are weather risks posed by the typhoon season in the Philippines, as well as the expected impacts of a super El Niño, which could disrupt production, harvesting and logistics. Furthermore, according to JCP International, stock levels in the consumer markets are considered comparatively low following months of cautious purchasing activity.

Low buying interest in coconut oil

The coconut oil market is increasingly developing independently of other vegetable oils. Whilst palm oil, soya oil and crude oil continue to be subject to significant fluctuations, the coconut oil market is primarily driven by the increasingly scarce supply of raw materials in the countries of origin. International demand, however, remains subdued.

At the same time, container freight rates continue to rise. Limited shipping capacity, seasonally high demand and geopolitical uncertainties are supporting price levels and further increasing delivery costs for coconut products in Europe and other import markets.

Desiccated coconuts

Quality, origin

Price

High fat, fine, FOB Indonesia

USD 1,700/mt

Low fat, fine, FOB Indonesia

USD 1,050/mt

High fat, fine, Philippinen, FCA EMP

EUR 2,950/mt

High fat, medium, Vietnam, FCA EMP

EUR 2,550/mt

Trade sources; price indications

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price chart, desiccated coconuts, Sri Lanka
price chart, desiccated coconuts, Indonesia
price chart, desiccated coconuts, Philippines 
price chart, coconut oil, Indonesia
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