Edible Oil News in English Archives - Page 8 of 215

Palm oil prices in Asia have hit a three-month high amid rising prices for competing oils and lower production.

Asian palm oil prices hit a three-month high on January 28, lifted by stronger rival vegetable oils, lower output expectations in Malaysia...

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Ukrainian soybean oil accounts for almost half of the European market

Ukraine’s share of EU soybean imports slipped to 9.5%, but performance in processed products strengthened. Soybean meal share rose to 4.4%, while...

146

Palm rises on firmer commodity prices, crude

Malaysian palm oil futures rose for a fourth straight session, hitting a three-month high on strong crude oil and edible oil prices....

185

China is experiencing a shortage of rapeseed oil, with Chinese importers ordering up to 10 batches of Canadian canola.

China has booked up to 10 cargoes (≈650,000 tonnes) of Canadian canola for Feb–Apr after PM Carney’s Beijing visit, easing supply shortages...

195

India is increasing oil palm plantings.

India is prioritising palm oil self-sufficiency, targeting output growth from 0.35 MMT in 2020 to 2.3 MMT by 2029 under NMEO-OP. Despite...

357

Vegetable oils continue to rise in price amid speculative oil price increases

Oil prices rose on Iran escalation risks, lifting vegetable oils already supported by tight sunflower oil supplies. Brent hit four-month highs, while...

310

Bangladesh : Higher imports raise hopes of stable food prices in Ramadan

Bangladesh enters Ramadan with ample food supplies and stable prices as imports of key essentials rise over 4% year-on-year. Traders report strong...

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Palm oil prices closed lower on Friday

Malaysian palm oil futures slipped on profit-taking and a stronger ringgit but gained 2.5% for the week. Seasonal production declines, holiday buying,...