Coconut oil price hits new annual low

since February 2025, when the price of coconut oil was $1,990 per ton. Coconut oil is widely used in the food industry, particularly in the production of confectionery products such as chocolate, ice cream, cakes, and cookies. It can also be used to fry chips, popcorn, and other snacks. It was previously reported that coconut oil is becoming a premium global commodity due to supply shortages. Last summer, prices soared to $4,840 per ton in India and $2,990 on the global market, driven by a sharp imbalance in supply and demand. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform with ...