Rising U.S. demand for Korean cosmetics, fueled by retail expansion and social media, is accelerating. The category's lower price points compared with prestige skincare risk pulling down average spending in the cosmetics market as consumers shift toward more affordable options.
Marico and other Indian FMCG companies raised product prices in Q1FY27 to offset rising coconut oil and other raw material costs. Margin pressure may intensify in Q2 as old inventory is depleted, keeping consumer prices on an upward trend.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| 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 |
| Refined Coconut Oil | Philippines | EXW | USD 1,558.50/MT | June 2026 |
| Refined Coconut Oil | Sri Lanka | EXW | USD 2,548.00/MT | June 2026 |
| Refined Coconut Oil | India | EXW | USD 2,469.25/MT | June 2026 |
Stay updated with the latest Refined Coconut Oil prices, historical data, and tailored regional analysis
Asia
During Q1’26, refined coconut oil prices in Asia followed a softening trend as improving coconut arrivals and better crushing activity reduced raw material tightness across key producing countries. In the Philippines, coconut oil export revenues declined 12.9% year-on-year to USD 661.06 million during Q1’26, while February exports fell 5.8% due to weaker output and uneven recovery in copra availability. Indonesia continued supporting regional supply availability, with HS 15 animal and vegetable oil exports reaching 3.06 billion kg in February 2026. Improved supply conditions outweighed the impact of elevated freight rates caused by the Strait of Hormuz disruptions, although logistics costs remained comparatively high. Demand from edible oil, confectionery, dairy alternatives, and personal care sectors stayed stable but largely need-based.
Europe
During Q1’26, refined coconut oil markets in Europe remained firm to stable as the region stayed highly dependent on imports from Southeast Asia. Higher freight and marine insurance costs linked to the Iran war and Strait of Hormuz disruptions increased procurement expenses for importers, while tighter export availability from the Philippines restricted supply flexibility. Demand from food manufacturing, cosmetics, bakery, and natural ingredient sectors remained steady, although buyers avoided aggressive stocking due to elevated landed-cost risks and cautious consumer sentiment.
North America
During Q1’26, refined coconut oil prices in North America remained stable to slightly soft as sufficient import availability and cautious downstream buying balanced higher logistics costs. Regular shipments from Southeast Asia and adequate inventory levels prevented significant supply tightness despite rising freight expenses linked to Middle East shipping disruptions. Demand from processed food, vegan products, dietary supplements, and personal care industries remained stable but insufficient to create strong upward momentum in the market.
Analyst Insight
According to Procurement Resource, refined coconut oil prices are expected to remain stable as improving Asian supply availability continues balancing elevated logistics costs and selective downstream procurement activity.
Related Report
Need Latest Refined Coconut Oil Prices?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Our Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
Asia
The fourth quarter witnessed considerable upward pressure on refined coconut oil prices across Asian markets, driven primarily by significant supply constraints in major producing regions. Production declined substantially in key growing areas due to crop diseases and unfavourable weather patterns that affected coconut yields. The region experienced a series of adverse weather events in the latter part of the quarter, including cyclones and widespread flooding across multiple coconut-producing countries, including Indonesia, Sri Lanka, the Philippines, and parts of Southeast Asia. These disruptions affected both harvesting operations and logistics infrastructure. Market dynamics were further influenced by heightened export demand from deficit-producing countries seeking alternative supply sources. India emerged as a significant exporter during the quarter, with shipments of coconuts in various forms increasing compared to the previous year. Domestic consumption patterns also shifted, with growing demand for value-added coconut products and virgin coconut oil varieties. Government intervention in certain markets through price support mechanisms aimed to incentivize future production, though immediate supply relief remained limited. Regional freight costs continued their upward trajectory, adding to overall market pressures.
Europe
European refined coconut oil markets experienced price volatility throughout the quarter, primarily reflecting supply chain disruptions originating from Asian producing regions. Import costs rose due to both higher FOB prices and escalating freight rates for shipments from Asia to European ports. Market participants faced extended lead times and procurement challenges as weather-related disruptions in origin countries affected port operations and shipping schedules. The quarter saw cautious buying behaviour from European processors and end-users, who balanced immediate needs against expectations of continued price fluctuations. Some market segments showed preference for alternative plant-based oils as substitution options became more economically attractive.
North America
North American markets for refined coconut oil tracked similar patterns to European counterparts, with prices influenced by global supply constraints and logistics complications. Demand remained steady from the food, beverage, and personal care sectors, though some industrial users explored substitution strategies in response to elevated procurement costs. The quarter concluded with market participants closely monitoring developments in Asian growing regions and assessing potential impacts on first-quarter supply availability.
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.
Our Price Analysis Methodology
Manager - Market Research
Delivering market research and procurement intelligence at Procurement Resource with a focus on economic forecasting, commodity analysis, and client advisory to help sourcing teams make data-backed purchasing decisions.
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
Europe & Africa
+44 7573 171117
Sales@procurementresource.com
USA & Canada
+1 307 363 1045
Sales@procurementresource.com
APAC
+91 8850629517
Sales@procurementresource.com
The study offers a detailed cost analysis of Fatty Acid C12 Production from Coconut Oil. In addition, the report incorporates the manufacturing process with detailed process and material flow, operating costs along with financial expenses and depreciation charges.
The study offers a detailed cost analysis of Crude Coconut Oil Production of Using Dry Method. In addition, the report incorporates the manufacturing process with detailed process and material flow, operating costs along with financial expenses and depreciation charges.
Fatty Acid - C14 Manufacturing Plant Project Report thoroughly focuses on every detail that encompasses the cost of manufacturing. Our extensive cost model meticulously covers breaking down expenses around raw materials, labour, technology, and manufacturing expenses. This enables precise cost structure optimization and helps in identifying effective strategies to reduce the overall cash cost of manufacturing.
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply–demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
