Coconut Oil Prices | Historical and Current
Monitor Coconut Oil Prices Worldwide
Plans Starting at $299 USD /year
Monitor monthly Coconut Oil price assessments covering 3 locations: United States, Europe and Southeast Asia. Also check Coconut Oil price history since 2007.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 224 commodities, including Coconut Oil.
Data Legend. The chart above shows Coconut Oil price assessments in USA Dollar per metric ton (USD/mt) in 3 locations, as follows:
- Coconut Oil, US (United States): Coconut Oil, spot price (formula), cif, United States
- Coconut Oil, EUR (Europe): Coconut Oil, spot price (formula), cif, Netherlands
- Coconut Oil, SEA (Southeast Asia): Coconut Oil, spot price, fob, Philippines
Data Use. Coconut Oil prices are provided as an annual subscription where subscribers have access to reliable pricing data of 224 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .
Intratec Primary Commodity Prices
Track global current prices of 224 commodities including Coconut Oil
Current Monthly Prices
Price History & Forecasts
Prices in Multiple Locations
Download Data
Plans Starting at $299 USD /year
Coconut Oil Price Outlook. The price of Coconut Oil in United States decreased during March 2019 to 728 USD per metric ton, which represents a decline of 5% compared to the previous month’s value. On a year-over-year basis, the prices of Coconut Oil in United States decreased significantly by 37%. Meanwhile, the average price of Coconut Oil in Southeast Asiaamounted to 612 USD per metric ton, from 1,050 USD per metric ton one year earlier. On a month-over-month basis, the price of Coconut Oil in Southeast Asia is 4% lower than the price one month before.
The price of Coconut Oil in Europe declined throughout March 2019, reaching 679 USD per metric ton. The price in Europe is 4% lower than the average price in the previous month and 39% lower than the average price one year before.
About Coconut Oil. Coconut Oil (a.k.a. Crude Coconut Oil) is an edible oil extracted from the meat of kernels of mature coconuts. Its high saturated fat content gives it slow oxidation properties, making it resistant to rancidification, allowing it to last up to six months. The oil can be extracted from both dry or wet processing. Health Organizations around the world advise limited consumption of coconut oil due to its high saturated fat content.
Coconut Oil Handling. Coconut Oil should be stored in a cool place below 24 °C since it has a low melting point. Coconut Oil is transported in ships with capacities of up to 40,000 tons and in road and rail tankers. Containers are preferably constructed of stainless steel, coated with an intern material on the inside, such as phenolic epoxy resins. On the other hand, copper and its alloys should not be used for this end.
Coconut Oil Production. Raw materials and the respective production processes employed in the manufacturing of Coconut Oil are listed below.
- Copra (expression/alkali refining)
Coconut Oil Uses.The uses and applications of Coconut Oil may vary according to its specification. In the international market, Coconut Oil is usually commercialized in the crude form. Other forms of the oil are unrefined (virgin), refined (RBD), and hydrogenated (for warm climates).
Intratec Methodology. Intratec Primary Commodity Prices are produced from a data-driven, mathematical approach, which starts with the extraction of data from various primary sources, including official trade records, futures market, statistics bureaus, governmental and international agencies. Such large volume of data is validated through advanced data processing techniques, and treated by means of statistical analysis for outliers removal. When faced with input gaps, data scientists and engineers employ mathematical models or machine learning techniques to estimate prices and ensure the completeness of the price assessments presented. (learn more ).