Edible Oil News in English
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52Iran ceasefire shifts soybean market focus to Brazil and rising global supply
Soybean markets remained relatively stable despite a sharp drop in oil and vegetable oil prices after the Iran ceasefire. Strong fundamentals, including...
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54USDA slightly raised its forecast for global oilseed production, so prices remain under pressure from increased supply
Global oilseed production for 2025/26 is forecast at 698.2 million tonnes, with gains in sunflower and soybean output. Higher soybean consumption and...
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70Bangladesh : Edible oil crisis emerges as refiners demand price hike
Edible oil shortages in Bangladesh have worsened amid alleged hoarding and price manipulation by traders. Despite government price caps, soybean and palm...
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75Malaysia’s palm oil stocks to fall for third straight month in March
Malaysia’s palm oil stocks fell to 2.17 million tonnes in March, marking a third monthly decline as exports surged nearly 39% and...
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83Nigeria unveils strategy to revive palm oil sector, targets 10% global market share
Nigeria has launched a long-term strategy to revive its palm oil sector, targeting 10% global market share, 2 million jobs, and self-sufficiency...
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78Vegetable oil prices rose slightly last week, but the collapse in crude oil prices will turn the markets around in the coming days
Vegetable oil prices surged on high crude and biofuel demand, led by soybean oil gains. However, easing Middle East tensions triggered a...
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143India’s sugar, edible oil demand drops as commercial gas shortages hit restaurants
India’s sugar and edible oil consumption has dipped due to an acute LPG shortage, forcing restaurants and street vendors to cut operations....
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92Thailand restricts palm oil exports amid rising biodiesel demand
Thailand has imposed curbs on crude palm oil exports, requiring government approval for shipments over the next year. The move aims to...
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87Myanmar plans to process US soybeans into soybean oil for export
Myanmar plans to import US soybeans, process them locally, and export soybean oil, boosting value addition and jobs. Backed by Myanmar Agribusiness...
