In today’s unpredictable economic landscape, securing reliable sources of raw materials is crucial for manufacturers and importers. Here at Phu Hao, we prioritize keeping our partners informed about market shifts that could impact pricing and supply stability.

This August, we are closely observing the situation in Ben Tre Province, celebrated as Vietnam’s “coconut capital.” A temporary shortage of coconut raw materials is currently affecting the entire supply chain, and it’s essential for you to be aware.

This challenge extends beyond just a few facilities; it’s a widespread issue affecting the entire province. Several key factors are at play:

• Adverse weather conditions disrupting harvests – Unpredictable rainfall and shifting climate patterns have markedly reduced both the quantity and quality of coconut husks available for processing.
• Natural growth cycles of coconut trees – Coconut yields ebb and flow with seasonal changes, and this year’s output is alarmingly lower than projected.

These conditions have resulted in harvest volumes that are unable to meet market demand, creating intense pressure on the coconut fiber industry and its vital downstream sectors, including coir mat, coir net, coir log, and coir tape production. Even minor fluctuations at the raw material level can rapidly translate into pricing increases and supply constraints that ripple across global markets.

How Prices Are Changing

The limited availability of raw materials has led to a slight increase in coconut fiber prices for August compared to July. While this rise is moderate, it reflects ongoing price fluctuations that you cannot afford to overlook.

For manufacturers like Phu Hao, higher raw material costs translate to increased production costs, potentially elevating the prices of finished products. We understand the challenges this poses for your financial planning and pricing strategies.

Market Forecast: What to Expect in September

Market Update

Following our detailed market analysis and direct assessments, Phu Hao anticipates:

• If the shortage persists into September, coconut fiber prices are likely to escalate further.
• This trend could continue until the next harvest season, driven by demand consistently outpacing supply.

Our Recommendation

To mitigate risks and ensure cost stability, we strongly advise you to place your orders early. Securing current prices now can help you avoid unexpected fluctuations and enable more effective business planning.

Phu Hao’s Commitment to Partners

At Phu Hao, we stand firm on the principles of transparency and reliability as the cornerstones of enduring partnerships. In response to these market conditions, we are taking decisive action:

• Stable Supply Assurance: We are partnering closely with our trusted raw material suppliers to optimize the supply chain and guarantee timely order fulfillment.
• Uncompromising Quality: Despite rising raw material costs, we refuse to compromise on product quality. Every Phu Hao product adheres to stringent production standards and meets international certifications.

We are committed to continuously monitoring market developments and will provide clear, timely updates on any further price changes, ensuring you are always well-prepared.

Moving Forward Together

Phu Hao is committed to standing by our partners during times of change. Your stability is and will always remain our top priority.

If you have any questions, would like fresh market updates, or simply wish to review your plans with us, please feel free to reach out at any time. Our team is always here to share information, listen to your concerns, and provide thoughtful support.

Thank you sincerely for your continued trust and partnership. We look forward to moving through these market shifts together — with confidence, transparency, and shared success.

Visit Phu Hao at

If you’re interested in purchasing coir mats, coir nets, coir ropes, or need product consultation, please contact us:

Tel: +84 906 789 215 (WhatsApp/WeChat/Zalo)

Email: phuhaogroup@gmail.com / henry@phuhaogroup.com

Website:  𝐰𝐰𝐰.𝐩𝐡𝐮𝐡𝐚𝐨𝐠𝐫𝐨𝐮𝐩.𝐜𝐨𝐦

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