According to ChemAnalyst, April xxxx saw a notable jump in Coconut Oil prices in Indonesia, continuing the upward trend that began in March. This price hike of around x.xx was primarily fueled by limited availability of raw materials and increasing production costs, all while international demand remained robust. The combination of supply challenges and ongoing export activity kept the Coconut oil market buzzing with bullish energy throughout the month.
• Coconut oil prices in Indonesia jumped in April xxxx, as the coconut prices shot up by xx.xxx from the previous month.
• A shortage of raw materials caused by El Niño and underperforming plantations, put a squeeze on the Coconut oil supply and drove up the cost to produce it.
• Coconut oil makers ran into more trouble as Indonesia&#xx;s Manufacturing PMI went down showing a drop in factory output and...
