The past week witnessed a notable decline in palm oil prices by 9% and soybean oil prices by 3.6%, intensifying pressure on the sunflower oil market. These developments reflect a […]
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Category: Palm oil
Surge in Palm Oil Prices Driven by Global Oil Ral
Market Update from Malaysia Palm oil prices experienced a significant surge of 4.7% in response to a 4% rise in global oil prices. The uptick was influenced by various factors, […]
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India to Cut Vegetable Oil Imports by 5% in Current Season
In the ongoing agricultural season, India is poised to reduce its import of vegetable oils by 5%, according to projections from the Indian Vegetable Oil Producers’ Association (IVPA). This reduction […]
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Palm Oil Prices Surge in Malaysia, India Shifts Preference to Soybean and Sunflower Oil
Rising Palm Oil Futures Palm oil futures in Malaysia have seen a consecutive two-week surge, driven by forecasts indicating reduced production and inventories in February. However, India’s pivot away from […]
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Palm and Soybean Oil Prices Rise Amidst Oil Market Surge
As oil prices surge, palm and soybean oil prices follow suit despite the lack of fundamental support. A 2.5% increase in oil prices this week bolstered palm oil and soybean […]
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Palm Oil Prices Surge Despite Record Production Forecasts in Malaysia and Indonesia
Contrary to expectations of a decline due to the El Niño phenomenon, palm oil production in Malaysia and Indonesia is poised to reach record levels this year. Abundant rainfall in […]
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