Coco-nuts pricing for oil
Published: 22 May. 2025, 19:20
![This photo shows coconut oil displayed at a hypermarket in Seoul on May 22.[YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2025/05/22/4e205340-2a48-4f3c-b945-c5a2f97efd68.jpg)
This photo shows coconut oil displayed at a hypermarket in Seoul on May 22.[YONHAP]
The price of coconut oil, an essential ingredient in ice cream, has surged to an all-time high. According to the World Bank on May 21, the wholesale price of Philippine coconut oil shipped to Europe reached $2,720 per ton, surpassing the previous peak of around $2,300 recorded in 2011. This photo shows coconut oil displayed at a hypermarket in Seoul on May 22. [YONHAP]
with the Korea JoongAng Daily
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