About 3.45 million tonnes of palm oil were sold from Indonesia to foreign markets in June 2023, according to the national association GAPKI. According to their estimates, shipments abroad increased […]
Read moreCategory: Policy & Business News
Policy & Business Market News, Prices, Global Supply & Demand
China Sharply Increased Imports of Vegetable Oil
China in the period from October 2022 to July 2023 purchased about 8.8 million tons of basic vegetable oils – this is 73% higher than the level in the same […]
Read more
German Farmers Continue to Use Russian Fertilizers
It is noted that German farmers continue to use Russian fertilizers, the export of which is not subject to sanctions imposed by Western countries. For German fertilizer producers, the rejection […]
Read moreIndonesia Will Increase Palm Oil Supplies to China
China may increase purchases of palm oil from Indonesia to 7 million tons by the end of 2023, according to the chairman of the national association GAPKI Eddie Martono. According […]
Read more
Continuing Rise in Prices of Olive Oil in Spain
Spanish authorities consider the situation with the continuing rise in prices for olive oil, which is a basic element of the consumer basket among the local population, to be critical. […]
Read more
The USA Continue Negotiations to Expand the Ways of Grain Export From Ukraine
The USA is constantly in touch with Ukraine and its neighbours to increase the use of alternative ways of exporting Ukrainian grain. The Wall Street Journal writes about it with […]
Read more
Global Food Imports to Reach Record High – FAO
Global food imports will reach $1.98 trillion in 2023, up 1.5% from the record high of 2022. This forecast was made by the chief economist of the Food and Agriculture […]
Read more
Egypt Purchased 40,000 Tonnes of Sunflower Oil
Egypt’s state food procurement agency GASC has contracted almost 40,000 tonnes of sunflower oil during the tender, reported by Nasdaq. In particular, 12 thousand tonnes of the product was purchased […]
Read more
Shortage of Potatoes in Europe
Most European countries are experiencing a shortage of potatoes due to the cool spring and dry summer, the effects of the rise in the price of nitrogen fertilizers last year, […]
Read more
The First Vessel Left Odessa Port After the Completion of the Grain Agreement
The first container vessel left Odessa port. The Minister of the Development of Communities, Territories and Infrastructure of Ukraine Oleksandr Kubrakov informed about the launch of the temporary corridor for […]
Read more