Staying cool just got a little more expensive this summer. The price of coconut oil, a key ingredient in ice cream, has soared in 2025. Looking ahead, further price gains are likely as demand continues to outpace supply.
At the end of May, the wholesale price for Philippine coconut oil delivered in Rotterdam, an industry benchmark, reached $2,800 a tonne, roughly twice as much as the year before.
Adverse weather in Indonesia and the Philippines, which together account for three-quarters of…
Continue Reading
News Source: www.aljazeera.com
Leave a Reply