The Coconut Oil Price Trend in Q2 2026 moved lower across most major markets as increased copra availability from the Philippines and Indonesia put pressure on prices. Softer demand from edible oil buyers and stronger competition from lower-priced palm oil also contributed to the decline. India recorded some of the sharpest quarterly falls, while export and import markets experienced more moderate decreases.

Coconut oil is widely used in food products, personal care, cosmetics, oleochemicals, and other industrial applications. Because of this wide range of uses, its price is influenced by both agricultural supply and downstream demand. Copra availability, weather and harvest conditions, competing vegetable oils, processing activity, freight costs, and buyer inventories can all affect the market.

During Q2, the market gradually shifted from earlier tightness toward more comfortable supply conditions. This change was clearly visible in the Coconut Oil Price Chart, which showed a generally softer direction throughout the quarter. By June, the correction became sharper in nearly every monitored market.

The Coconut Oil Price Index also reflected the impact of improved supply and weaker purchasing activity. India was particularly weak, although the Kangayam market moved differently in June because of tighter local copra availability.

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Global Coconut Oil Price Trend in Q2 2026

The global Coconut Oil Price Trend was largely negative during Q2 2026. The main reason was the improvement in copra supply from major producing regions.

The Philippines and Indonesia entered a period of better copra availability during the harvest season. When more copra becomes available, coconut oil producers generally have better access to their main raw material. This can reduce competition among buyers and put pressure on coconut oil prices.

Demand was another important factor. Edible oil demand became softer during the quarter, while competition from cheaper palm oil made coconut oil less attractive for some buyers.

The result was a broad decline across both crude and refined grades.

India experienced the largest quarterly reductions, with prices falling by roughly 8% to 17% across the monitored domestic markets. International markets such as the Philippines, Indonesia, Malaysia, the Netherlands, the USA, and China generally saw smaller quarterly declines.

June was particularly important because prices corrected more sharply in most locations. Buyers became more cautious, inventories were more comfortable, and supply remained adequate.

Philippines Coconut Oil Price Trend

The Philippines remained an important market to watch during Q2 because of its role in coconut oil supply.

The Coconut Oil Price Trend for Crude Coconut Oil, or CCNO, declined by approximately 4.61% during Q2 2026. The increase in copra availability during the harvest season reduced some of the supply pressure seen previously.

Softer global edible oil demand also affected export pricing. With buyers facing comfortable supply conditions, there was less urgency to purchase material at higher prices.

The decline became much stronger in June. Coconut Oil Prices in the Philippines fell by around 19.54% from May for crude coconut oil.

The refined RBD market followed a similar pattern. The quarterly decline was approximately 5.36%, while June prices fell by around 13.25%.

The movement in the Philippines is important because changes in export prices can eventually influence import prices in other regions.

Indonesia Coconut Oil Price Trend

Indonesia also experienced a softer market during Q2.

The Coconut Oil Price Trend for crude coconut oil declined by approximately 1.28% compared with Q1 2026. Improved domestic copra availability and softer global demand kept export prices under pressure.

The quarterly decline was relatively limited compared with the sharper corrections seen in some other markets.

However, June was much weaker. Coconut Oil Prices for crude coconut oil in Indonesia declined by around 25.81% from May.

The refined RBD market was more stable during the quarter, declining by only around 0.53%. Consistent processing activity and adequate copra supply helped keep the market relatively balanced.

In June, however, refined coconut oil prices declined by around 9.96% as buyers moderated procurement.

This shows how monthly purchasing behavior can have a significant impact even when the overall quarterly movement is relatively small.

Malaysia Coconut Oil Price Trend

Malaysia's coconut oil market was influenced heavily by developments in the Philippines and Indonesia.

For Philippines-origin crude coconut oil, the Coconut Oil Price Trend declined by around 4.34% in Q2 2026. Softer Philippine export prices passed through into Malaysian import valuations.

The decline became sharper in June, with Coconut Oil Prices falling by approximately 19.20%.

Indonesia-origin crude coconut oil recorded a smaller quarterly decline of about 1.03%. However, the June correction was much stronger, with prices falling by around 25.45%.

This difference highlights the importance of origin when evaluating import prices. Malaysian buyers sourcing from different origins can experience different price movements even within the same product category.

Netherlands Coconut Oil Price Trend

The Netherlands also saw weaker coconut oil pricing during Q2.

Philippines-origin crude coconut oil declined by approximately 2.77% during the quarter. Comfortable supply conditions in Europe and lower Philippine export prices contributed to the decline.

In June, Coconut Oil Prices fell by approximately 15.82%.

Indonesia-origin crude coconut oil was slightly different. Prices increased by around 0.52% during Q2, supported by firmer Indonesian export pricing during April and May.

However, this strength did not continue into June. Prices fell by approximately 16.67% as improved supply at origin and weaker buying activity pushed import valuations lower.

The Netherlands therefore ended the quarter with a clear shift from early stability toward a softer June market.

USA Coconut Oil Price Trend

The USA also recorded lower coconut oil prices during Q2.

Philippines-origin crude coconut oil on the West Coast declined by around 2.52% during Q2. Lower Philippine FOB prices were reflected in US import valuations.

The correction became much stronger in June, when Coconut Oil Prices on the West Coast declined by approximately 15.45%.

The East Coast market was somewhat more resilient during the quarter. Philippines-origin crude coconut oil declined by around 1.27%, but prices still fell by approximately 13.03% in June.

Refined RBD coconut oil also weakened. West Coast prices declined by around 3.27% during Q2, followed by a 9.51% June correction.

On the East Coast, refined prices declined by approximately 2.12% for the quarter and another 7.44% in June.

The US market therefore followed the broader global trend of softer prices, although the size of the decline varied between crude and refined grades and between regions.

China Coconut Oil Price Trend

China experienced a similar pattern.

The Coconut Oil Price Trend for Philippines-origin refined RBD coconut oil declined by approximately 5.30% in Q2 2026. Softer Philippine export pricing passed through into Chinese import valuations.

In June, Coconut Oil Prices declined by around 13.09%.

Indonesia-origin refined coconut oil was more stable during the quarter, declining by only around 0.45%. Consistent copra availability and relatively stable Indonesian export prices helped limit the quarterly decline.

However, June again brought a sharper correction. Prices fell by approximately 9.78% as buyers reduced procurement.

The Chinese market therefore demonstrated the same broad pattern seen in several other regions: relatively moderate quarterly changes followed by a stronger monthly correction toward the end of the quarter.

India Coconut Oil Price Trend

India recorded some of the largest price declines during Q2 2026.

The Coconut Oil Price Trend at Ex-Kochi declined by around 14.58% compared with Q1. Better copra availability from the Kerala harvest reduced the tightness seen previously and put pressure on local mill prices.

In June, Coconut Oil Prices at Ex-Kochi declined by another 9.69%.

The Ex-Kozhikode market was even weaker. Prices declined by approximately 16.90% during Q2, making it the steepest quarterly decline among the monitored markets.

June brought another reduction of around 6.84%.

Kangayam in Tamil Nadu was the exception. Although its quarterly price declined by around 8.34%, prices increased sharply in June by approximately 16.02%.

The reason was tighter local copra availability. This shows why local supply conditions can sometimes create a completely different price movement from the wider national market.

What the Coconut Oil Price Chart Shows

The Coconut Oil Price Chart for Q2 2026 shows a clear softening trend.

During the first part of the quarter, prices gradually declined as copra availability improved and buyers became more comfortable with inventories.

By June, the downward movement became much sharper across most markets.

The Philippines, Indonesia, Malaysia, the Netherlands, the USA, China, and most Indian markets all recorded notable monthly corrections.

The exception was Kangayam, where tighter local availability pushed prices higher.

This difference is important for buyers because it shows that global trends do not always translate into identical local movements. Origin, freight, inventory, processing conditions, and local availability can all influence the final price.

Coconut Oil Price Index and Market Balance

The Coconut Oil Price Index during Q2 reflected the overall transition toward a better-supplied market.

The index direction was influenced by three major factors: increased copra availability, softer edible oil demand, and competition from cheaper palm oil.

When coconut oil becomes more expensive compared with alternative oils, some buyers can shift part of their demand toward those alternatives. This can reduce buying pressure on coconut oil.

The June correction also suggests that the market was becoming more balanced. Buyers who had already purchased material were less interested in making additional bookings, while sellers faced more comfortable supply conditions.

For businesses involved in food, cosmetics, oleochemicals, or other coconut oil-consuming industries, watching the Coconut Oil Price Index alongside actual market prices can provide a better understanding of broader market conditions.

Key Factors Affecting Coconut Oil Prices

Several factors are likely to remain important for the coconut oil market.

Copra supply is one of the most important factors. A strong harvest can increase raw material availability and place downward pressure on coconut oil prices.

Weather conditions can also affect coconut production and future supply expectations. Any major disruption to growing regions can quickly change market sentiment.

Edible oil demand is another important factor. When demand from food and related industries is strong, coconut oil prices can receive additional support.

Palm oil competition also matters. Buyers often compare coconut oil with other vegetable oils when making purchasing decisions. Lower palm oil prices can therefore reduce the attractiveness of coconut oil.

Buyer inventories influence short-term movements. When buyers have sufficient stocks, they can delay purchases. When inventories become low, procurement activity can increase quickly.

Processing and freight costs can also affect final import and domestic prices, especially in markets that depend heavily on imports.

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Coconut Oil Price Forecast

Looking ahead, the Coconut Oil Price Trend will likely remain closely connected with copra availability, harvest conditions, edible oil demand, and competition from other vegetable oils.

The Q2 market showed that improved supply can have a strong effect on prices. If copra availability remains comfortable, coconut oil prices may continue to face pressure in the short term.

However, prices may not move lower in a straight line. Changes in weather, harvest conditions, demand from food and oleochemical industries, or supply disruptions could quickly change market sentiment.

The June decline also needs to be viewed carefully. A sharp monthly correction does not necessarily mean that prices will continue falling at the same pace. Once buyers return to the market or inventories become lower, purchasing activity can recover.

India may continue to show regional differences because local copra availability can create price movements that differ from international trends.

For procurement teams, regularly monitoring the Coconut Oil Price Chart, Coconut Oil Price Index, and regional supply conditions can help identify changes early and support better purchasing decisions.

The Coconut Oil Price Trend in Q2 2026 was broadly negative across the global market. Increased copra availability from the Philippines and Indonesia, softer edible oil demand, and competition from cheaper palm oil created a clear downward pressure on prices.

India recorded some of the steepest quarterly declines, with Ex-Kozhikode falling around 16.90% and Ex-Kochi declining approximately 14.58%. The Philippines, Indonesia, Malaysia, the Netherlands, the USA, and China experienced more moderate quarterly declines, although June brought much sharper corrections in most markets.

The Kangayam market in India was the main exception, with prices rising in June because of tighter local copra availability.

Overall, Coconut Oil Prices entered the end of Q2 with a softer market balance. While comfortable supply may continue to limit prices in the near term, future movements will depend on harvest conditions, demand, competing edible oils, inventories, and local availability. Tracking the Coconut Oil Price Chart and Coconut Oil Price Index can help businesses understand these changes and make more informed procurement decisions.

About Price-Watch™ 

Price Watch™ is an India-based, independent raw material price reporting agency that provides real-time price forecasts and data-driven insights into global raw material markets. Price Watch™ specializes in tracking raw material prices, analyzing market trends, and delivering timely updates on plant shutdowns, supply disruptions, capacity expansions, and demand-supply dynamics. The Price Watch™ platform empowers manufacturers, traders, and procurement professionals to make faster, smarter decisions. Leveraging AI-powered forecasting and over a decade of historical data, Price Watch™ transforms market volatility into actionable opportunity. 

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