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Coconut Oil
Coconut Oil Prices | Historical and Current
Coconut Oil
Coconut Oil
Coconut Oil

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).

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Prices

Coconut Oil Prices | Historical and Current

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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 225 commodities, including Coconut Oil.

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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, import spot price, cif, United States (netforward from fob Philippines)
  • Coconut Oil, EUR (Europe): Coconut Oil, import spot price (formula), cif, Netherlands
  • Coconut Oil, SEA (Southeast Asia): Coconut Oil, export spot price, fob, Philippines (netback from cif Netherlands)

Data Use. Coconut Oil prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 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

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Coconut Oil Price Outlook. The price of Coconut Oil (United States) decreased during April 2019 to 718 USD per metric ton, which represents a slight decline of 1% compared to the previous month’s value. On a year-over-year basis, the prices of Coconut Oil (United States) decreased significantly by 39%. Meanwhile, the average price of Coconut Oil (Southeast Asia) amounted to 603 USD per metric ton, from 1,070 USD per metric ton one year earlier. On a month-over-month basis, the price of Coconut Oil (Southeast Asia) is 1% lower than the price one month before.

The price of Coconut Oil (Europe) declined slightly throughout April 2019, reaching 669 USD per metric ton.  The price is 1% lower than the average price in the previous month and 41% 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, 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 ).

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