Southern Mindanao crushing capacity climbed above 82% utilization this week as upland harvests from Davao Oriental, Cotabato, and Bukidnon moved smoothly to Sta. Cruz and Cagayan de Oro weighbridges.
Davao gate rates firmed +₱0.50 to ₱54.50/kg, narrowing the traditional discount against Quezon QBL mills to just ₱0.75/kg, supported by competitive bulk charter loading out of Davao Gulf deepwater berths.
Co-product economics are also helping crushers defend bids: VisMin expeller copra cake held steady at ₱14.35/kg while pelletized solvent-extracted copra meal gained +₱0.20 to ₱15.85/kg on steady Korean and domestic aquaculture feed restocking.