how mach cost coconut oil making units in benin

                                               
                                               
                                               
                                               
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  • What was the price of coconut oil in Q1 2023?
  • Towards the end of Q1 2023, the price of Coconut Oil was recorded to be USD 1505/MT for CFR Rotterdam in March 2023. For the Quarter Ending December 2022 North America In North America, the price of coconut oil fell in the fourth quarter of 2022 as a result of a decline in demand from downstream industries, including the food and cosmetics sectors.
  • Why did coconut oil prices rise in the Philippines?
  • Moreover, the production cost of coconut oil surged due to the rising expenses associated with raw materials such as coconuts and copra. This trend was particularly noticeable in the Philippines, where coconut oil prices continued to rise steadily until the final weeks of August 2023.
  • How is coconut oil made?
  • The manufacturing process of this oil includes extracting oil from copra or dried coconut meat and steaming it to remove the natural aroma of coconut. Some refined coconut oils are partially hydrogenated. Hence, they contain trans-fat that cause cardiovascular diseases.
  • What influenced coconut oil prices in the APAC region in Q1 2024?
  • Coconut oil prices in the APAC region during Q1 2024 exhibited an overall optimistic trend, influenced by significant factors. In the Philippines, which saw the most notable price changes, there was a substantial increase of over 4 percent compared to the previous quarter.