Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • Dick Young’s Safe America
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup

The Other Oil Price Crash

January 8, 2019 By Young Research

By MaraZe @ Shutterstock.com

In 2018 crude oil prices fell 44.1% from peak to trough, a roller coaster ride for producers and investors for sure. But another oil price has also been plummeting. Coconut oil prices fell 58.2% from a recent peak in January of 2017 to $759.66/metric ton (Philippines Bulk, CIF Rotterdam, Average of Period) in November of 2018.

Lucy Cramer, writing in The Wall Street Journal explains how some negative attention from doctors put downward pressure on coconut oil, which had been rapidly gaining popularity. She writes:

Consumption of virgin coconut oil—a pure form of the commodity that is extracted without heat or chemicals—increased from around 2012 as it grew in popularity as a health food and that pushed prices higher. People used it in beverages like smoothies and bulletproof coffees—where a tablespoon of oil is added to hot coffee—and consumed it in ice cream, on toast and in baked goods.

After a powerful typhoon decimated scores of coconut trees in the Philippines—one of the world’s biggest producers of the crop—more plantations sprung up in the country and elsewhere as farmers tried to take advantage of greater demand.

But in June 2017, the American Heart Association raised fresh questions about coconut oil’s benefits. It said the oil is 82% saturated fat, a higher level than what is found in butter and beef fat. The association also said coconut oil’s saturated fat raises low-density lipoproteins—also known as bad cholesterol—in people consuming it. It recommended that saturated fat should make up less than 10% of a person’s average daily calories.

At present, coconut oil makes up just 2% of all the vegetable oil consumed around the world. Demand has peaked, said Dorab Mistry, a vegetable oil analyst and director at Godrej International, adding that the market for exotic oils “tends to move with whatever has captured the imagination of discerning consumers.” He said avocado oil is now favored by people for its purported health benefits.

Read more here.

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • Oil Market Turbulence
  • Shale Oil Production Explosion
  • Shale Oil Production Booming
  • Author
  • Recent Posts
Young Research
Latest posts by Young Research (see all)
  • Happy Independence Day - July 4, 2022
  • Happy Memorial Day! - May 30, 2022
  • Happy Easter! - April 15, 2022

Search Young Research

Most Popular

  • Here’s Why You Need a 15-Year Retirement Investment Plan
  • Why Work When Taxes Take It All?
  • Are Google, Amazon, and Microsoft About to Crash This Specialized Real Estate Market?
  • What Happens to Your Passwords When You Die?
  • Regulators' Bungled Attempts to Cut Emissions Drove Oil Prices Higher
  • Is the Great Job Boom Over?
  • RURAL RENAISSANCE: America Finds the Country Again
  • The Power of a Compound Interest Table
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?
  • Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Could this Be the Vanguard GNMA Winning Edge?

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

RSS The Latest at Richardcyoung.com

  • Happy Independence Day
  • For Investors Who Want to Stop Worrying About a Market Crash
  • Breaking News: House Election Update
  • WATCH: New York Governor Melts Down When Asked for Facts
  • Florida Is a Refresher Course in American Greatness
  • Should You Believe Ms. Hutchinson?
  • Biden’s Economy Even Weaker than Thought
  • A Cashless Society Is A Debacle for Americans
  • Time to Save, Troubles Dining Out, and Intelligence on Yellowstone
  • Democrats Running AWAY from Biden on the Campaign Trail

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2022 | Terms & Conditions

 

Loading Comments...
 

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.