Material Insights · Understanding the Material World

Coconut oil: Stocks

Old palm groves: the stock that limits supply

What this tab covers How much is left and how much is held. For minerals and energy: reserves, current output, years of supply and recycling for the top five countries. For farm commodities: production, ending stocks and stocks-to-use for the top five producers (USDA, October 2026). It also covers inventories and stockpiles.

Top five producers: production and stocks (USDA, 2026/27)

CountryProductionShareEnding stocksStocks-to-use
Philippines1,77546.4%985.3%
Indonesia1,04027.2%19817.5%
India57014.9%8615.1%
Vietnam1955.1%105%
Papua New Guinea491.3%816%
World3,824100%62817.6%
thousand t. Stocks-to-use = ending stocks ÷ (domestic use + exports) for countries, ÷ world use for the world. Source: USDA FAS PSD database, October 2026 release; 2026/27 figures are projections.

Stockholding and policy

No recycling applies, though shells and husks are fully used for charcoal and coir. World coconut oil ending stocks were 0.70 Mt in 2025/26 (USDA PSD). India has no buffer norm for coconut or copra; NAFED buys copra at MSP (2026: milling Rs 12,027/quintal, ball Rs 12,500/quintal) through state agencies in Kerala, Tamil Nadu and Karnataka when market prices fall. USDA puts India's coconut oil ending stocks at 86 kt for 2025/26.

There are no reserves in the mining sense. The standing stock is the palm groves themselves, and many are old and past peak yield, which caps how fast supply can respond. Copra and crude oil store reasonably well if kept dry, but inventories are held privately by mills, refiners and traders. Unlike grains, coconut oil has no widely watched stocks-to-use benchmark. A tight year therefore shows up quickly in price rather than in visible stock draws.