News

...Of Coco Shell Products - May

Thursday, August 12, 2021

Outbound load of coconut shell charcoal in May was 9,457 MT valued at USD6.362 million. Key market was China cornering more than two-thirds (69.0%) or 6,530 MT, with Japan distance behind at 2,128 MT (22.5%).  Limited volumes went to South Korea at 424 MT, Germany 212 MT, Turkey 115 MT, Jordan 30 MT, and Malaysia 18 MT.

On the other hand, in the same month, its value-added product activated carbon had sales of 5,865 MT worth USD11.025 million and wider market coverage spanning 24 countries.  Germany topped the list with uptake at 1,002 MT (17.1%), closely trailed by Japan with 991 MT (16.9%).  The next three major buyers together shared 30.9%: the US at 673 MT, Sri Lanka 622 MT, China 520 MT.

Countries with purchases below 500 MT (ranging 124-417 MT) had group contribution of 24.4% namely, South Korea, Indonesia, Taiwan, Russia, Thailand.  Smaller loads lower than 100 MT (7-96 MT range) went to 14 countries and comprised 10.7% of the market: Italy, South Africa, Canada, Ghana, Finland, Vietnam, Peru, Suriname, Ivory Coast, Netherlands, United Kingdom, Papua New Guinea, Bulgaria, Singapore.

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