Archived News
15-07-2021
China’s June soybean imports jump 11.6% from May on surging demand
China’s soybean imports in June rose 11.6% from May, customs data showed on Tuesday, continuing the trend of resurgent demand in the world’s top buyer as it strives to meet meal demand for its burgeoning hog herds.
15-07-2021
Germany’s 2021 wheat and rapeseed harvest seen up on year
HAMBURG, July 14 (Reuters) - Germany's 2021 wheat harvest of all types will increase 3.2% on the year to 22.80 million tonnes although some crops have suffered from a recent heatwave, the country's association of farm cooperatives said on Wednesday.
15-07-2021
VEGOILS-Palm retreats from 5-week high, output woes limit fall
KUALA LUMPUR, July 14 (Reuters) - Malaysian palm oil futures dipped on Wednesday after hitting a five-week high, although concerns over slow output growth offered some support.
15-07-2021
VEGOILS-Palm oil dips, slow output growth caps losses
KUALA LUMPUR, July 14 - Malaysian palm oil futures eased on Wednesday after hitting a five-week peak, but concerns over slow output growth offered some support.
15-07-2021
Palm rises over 1% to 5-week high on output worries
KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Wednesday, reaching a five-week peak on concerns over slow output growth and anticipation of an uptick in export shipments.
14-07-2021
Palm oil stockpile to remain low
PETALING JAYA: Resilient demand from China and growing restocking activities in India should keep palm oil stockpile at low levels generally, in the coming months.
14-07-2021
India imports 275,915 tonnes of palm oil from Malaysia in June
NEW DELHI (July 13): India imported 275,915 tonnes of palm oil from Malaysia in June, according to the latest data from an industry group.
14-07-2021
India's palm oil, soyoil imports drop in June, ahead of duty cut
India's palm oil and soyoil imports plunged by nearly a quarter in June from a month ago, a leading trade body said in a statement on Tuesday, as refiners postponed purchases anticipating a reduction in the import tax.
14-07-2021
Swiss in Favor of Indonesian Palm Oil Conveys Strong Message to the EU
Jakarta. Having Swiss on board for the trade deal between Indonesia and European Free Trade Association, or EFTA, will convey a strong message regarding the discriminated palm oil to the European Union, or EU, according to Deputy Trade Minister Jerry Sambuaga.
14-07-2021
VEGOILS-Palm rises more than 1% on global edible oil supply concerns
KUALA LUMPUR, July 13 (Reuters) - Malaysian palm oil futures advanced on Tuesday, supported by lingering concerns over tight supply of palm and rival edible oils amid hopes of an improvement in export shipments.
14-07-2021
Brazil raises mandatory biodiesel blend to 12%, below expectations
SAO PAULO, July 13 (Reuters) - The Brazilian government raised the mandatory blend of biodiesel into diesel to 12% from 10%, below this year's target of 13% in a bid to rein in fuel inflation amid high soybean prices.
14-07-2021
China Raises Forecast Of 2020/21 Edible Oils Imports
China raised its forecast on imports of edible oils in 2020/21 marketing year, on increase of palm oil and sunflower oil shipments, the country’s agriculture ministry said on Monday. China’s 2020/21 edible oils imports were seen at 10.23 million tonnes, up 900,000 tonnes from last month’s forecast, the Ministry of Agriculture and Rural Affairs said in its monthly crop report.