EU oilseed production falls 1% amid heat and drought, prompting a 7% increase in imports for 2026/27. Lower domestic harvests of rapeseed and sunflower tighten supply, while higher crushing volumes support processing demand, likely pushing oilseed prices upward.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Refined Coconut Oil | Philippines | EXW | USD 1,759.15/MT | August 2026 |
| Refined Coconut Oil | Sri Lanka | EXW | USD 2,594.50/MT | August 2026 |
| Refined Coconut Oil | India | EXW | USD 2,769.00/MT | August 2026 |
| Refined Coconut Oil | Philippines | EXW | USD 1,762.75/MT | July 2026 |
| Refined Coconut Oil | Sri Lanka | EXW | USD 2,550.25/MT | July 2026 |
| Refined Coconut Oil | India | EXW | USD 2,509.50/MT | July 2026 |
Stay updated with the latest Refined Coconut Oil prices, historical data, and tailored regional analysis
Asia
In India, the average price of Refined Coconut Oil climbed from ~USD 2,509.50/MT (EXW) in July to ~USD 2,769.00/MT in August, an increase of ~10.3%. Overall, the Asian market followed a mixed but firmer trend, with South Asian demand driving gains while the Philippine market held broadly steady. In India, prices rose sharply as Tamil Nadu copra traders paid more for coconuts, arrivals declined and household cooking oil demand increased ahead of Onam. Sri Lanka rose about 1.7%, from ~USD 2,550.25/MT (EXW) to ~USD 2,594.50/MT, while the Philippines eased slightly by about 0.2%, from ~USD 1,762.75/MT (EXW) to ~USD 1,759.15/MT. In Sri Lanka, coconut prices increased on limited supply, though domestic oil values stayed largely stable. In the Philippines, refined values lagged the recovery in crude oil, as the July oversupply and weak demand reported by the Philippine Coconut Authority carried into August, and millgate oil prices moved only marginally.
Europe
The European market showed a firming trend, as coconut oil import values reached their highest level of August at month-end and held steady in September. Improved buying from food and cosmetics users supported prices. However, cheaper palm kernel oil, after buying ahead of new EU deforestation rules faded, and lower palm oil values limited further gains for refined grades.
North America
The North American market followed a slightly firmer trend, as refined coconut oil import costs tracked European and Philippine export prices. Demand from food manufacturers and personal care producers stayed steady, while higher copra costs at origin added to landed costs.
Analyst Insight
According to Procurement Resource, refined coconut oil prices are expected to stay firm as copra supply remains limited and festival demand supports South Asian markets, though competitive palm-based oils may cap gains.
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Asia
In the Philippines, the average Refined Coconut Oil price was USD 1559/MT (EXW) in June. Sri Lanka recorded an average price of USD 2548/MT (EXW) during June. In India, Refined Coconut Oil averaged USD 2469/MT (EXW) in June. Asian markets entered Q2 with relatively firm production costs because reduced copra availability had constrained crushing and refinery feedstock supply. Philippine copra production for 2025/26 was estimated to decline by around 7.6% from the previous marketing year, keeping raw-material procurement relatively tight early in the quarter. Conditions became softer toward May and June as rainfall and improving tree productivity strengthened expectations for better future supply. Refiners consequently faced less urgency to secure feedstock aggressively. Demand from edible-oil blending, food manufacturing, cosmetics and oleochemicals remained steady, but buyers increasingly shifted toward requirement-based purchasing as supply concerns eased.
Europe
European Refined Coconut Oil conditions softened through Q2 as improved Asian availability reduced import replacement pressure. The region remained heavily dependent on overseas coconut oil, particularly from the Philippines, making freight conditions and Asian refinery availability important influences on landed costs. Europe accounted for about 67.6% of Philippine coconut oil exports in March, highlighting its exposure to changes in Asian supply. Early-quarter tightness therefore carried into European procurement, but greater availability later in Q2 improved buyers' negotiating position. Demand from food, confectionery, personal care and specialty chemical applications remained stable, although cautious purchasing prevented any strong restocking cycle.
North America
North American conditions also eased as improving Philippine supply reduced replacement-cost pressure for importers. The United States remained an important destination for Philippine coconut oil, accounting for about 24.7% of March shipments. Demand from food processors, personal-care manufacturers and specialty oleochemical users remained steady, but buyers avoided excessive inventory accumulation as global supply prospects improved. Freight and processing expenses continued to support landed values, limiting the extent of the decline.
Analyst Insight
According to Procurement Resource, Refined Coconut Oil prices are expected to remain broadly stable to slightly soft as improving feedstock availability offsets steady downstream demand and residual logistics costs.
Refined coconut oil is a processed vegetable oil obtained from coconut copra through refining, bleaching, and deodorization. It is a stable oil with high saturated fat content, neutral taste, and extended shelf life. The refining process removes impurities, odour, and colour, making it suitable for food, personal care, and industrial applications.
Cargill Incorporated, Wilmar International Limited, Archer Daniels Midland Company (ADM),Bunge Limited,Olam Group,Greenville Agro Corporation
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The production of refined coconut oil begins with crushing copra, or dried coconut kernel, into flakes. These copra flakes are then steamed and cooked to enhance oil release. The cooked material is pressed using screw presses (expellers) to extract crude coconut oil. To maximize yield, the residual copra is subjected to solvent extraction. The extracted oil is then refined through processes that remove impurities, which results in the formation of refined coconut oil as the final product.
Refined coconut oil is used in food processing, bakery products, confectionery, dairy alternatives, and cooking applications. It is also used in cosmetics, soaps, detergents, personal care products, and oleochemical manufacturing. The oil serves as a raw material for producing fatty acids, surfactants, glycerin, and other chemical derivatives.
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