Coconut Market Update

Indonesia

In the last few weeks, they have seen strong sales, and most producers seem to be sold out before May 2021. They also don't like accepting firm bids on the deals they make. As a result, there is no need to sell. Prices for 20-foot containers are still “on demand” due to a scarcity in Indonesia.

Sri Lanka

Sri Lankan sellers are closed for the Sinhalese New Year, there are currently no offers from them.

Philippines

The Philippines remain unaffected. However, there is still the trouble of getting shipments out on time, and no offers for shipments before June.