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                    [ArticleID] => 333672
                    [Title] => Coco oil prices may hit $700/MT by yearend
                    [Summary] => Tight supply along with expanding demand by the oleochemical  sector could raise global prices of coconut oil to about $700 per metric ton by yearend.


Danilo Coronacion, president and chief executive officer of CIIF Oil Mills Corp., one of the country’s biggest coconut oil exporters said the price rally in the first quarter will be sustained throughout the year due to continuing strong demand for coconut oil.


From January to March, coconut oil prices averaged $520 per MT CIF Rotterdam, while April-May delivery prices quotations were pegged at $580 per MT.


                    [DatePublished] => 2006-04-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
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OIL MILLS CORP

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                    [ArticleID] => 333672
                    [Title] => Coco oil prices may hit $700/MT by yearend
                    [Summary] => Tight supply along with expanding demand by the oleochemical  sector could raise global prices of coconut oil to about $700 per metric ton by yearend.


Danilo Coronacion, president and chief executive officer of CIIF Oil Mills Corp., one of the country’s biggest coconut oil exporters said the price rally in the first quarter will be sustained throughout the year due to continuing strong demand for coconut oil.


From January to March, coconut oil prices averaged $520 per MT CIF Rotterdam, while April-May delivery prices quotations were pegged at $580 per MT.


                    [DatePublished] => 2006-04-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Coco oil prices may hit $700/MT by yearend

By Rocel Felix | April 27, 2006 - 12:00am

Tight supply along with expanding demand by the oleochemical sector could raise global prices of coconut oil to about $700 per metric ton by yearend. Danilo Coronacion, president and chief executive officer of...

Business