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OILS & FATS
17-05-2024

Brazilian soybean oil export values firm further

16/05/2024 (Hellenic Shipping News) - Soybean oil export values in the Brazilian market have strengthened to nearly two-year highs amid a combination of supportive factors, from improving destination demand to concerns over crop losses from floods in the southern state of Rio Grande do Sul.

OILS & FATS
16-05-2024

India imported 285,829 tonnes of palm oil from Malaysia in April

15/05/2024 (New Straits Times), New Delhi - India imported 285,829 tonnes of palm oil from Malaysia in April, accounting for 21.6 per cent of the country's total vegetable oil imports for the month.

OILS & FATS
16-05-2024

Olive Oil, ‘King of Foods’ for Tourists and Locals in Crete

15/05/2024 (Greek Reporter) - “Olive oil is one of the most important reasons why Crete is known in the rest of the world. Based on this, we can understand that olive oil on our island was and will be the king of foods!” exclaims oil producer Eftychis Androulakis in a perfect example of Cretan passion for a product that is central to the island’s tourism, cuisine, economy, and history.

OILS & FATS
16-05-2024

Soybean Oil Market Faces Uncertainty as second quarter makes its move towards May 2024

15/05/2024 (Chem Analyst) - As anticipation mounts ahead of the forthcoming USDA report, the soybean market is treading cautiously, mindful of two significant factors looming largely: recent flooding in Rio Grande does Sul and a general strike in Argentina witnessed in the end of April. This cautious sentiment is likely to rippled through market activities including the trading concerning the Soybean Oil, particularly evident from Argentina, where soybean prices have seen fluctuations but remained largely stable amidst subdued trading including the downstream Soybean Oil as well.

OILS & FATS
15-05-2024

Palm oil trades lower as market waits for export and production data

14/05/2024 (Reuters), Jakarta - Malaysian palm oil futures reversed gains on Tuesday as the market is awaiting Malaysia's palm oil export and production performance for further cues.

OILS & FATS
15-05-2024

India April palm oil imports rise to 3-month high

14/05/2024 (Reuters) - India's palm oil imports rose to their highest level in three months in April as lower prices lured buyers, while rival sunoil imports slipped, a leading trade body said on Tuesday.

OILS & FATS
15-05-2024

Golden Agri Q1 profit falls 60% to US$37 million on weaker crude palm oil prices

15/05/2024 (The Business Times) - GOLDEN Agri-Resources’ (GAR) net profit for the first quarter ended March stood at US$37 million, down 60 per cent on the year amid continued weakness of crude palm oil (CPO) prices during the period.

OILS & FATS
15-05-2024

Soy falls as cooking oil imports excluded from China tariffs

14/05/2024 (Reuters), Chicago - Chicago Board of Trade soybean futures dipped on Tuesday as analysts said the market was disappointed that U.S. President Joe Biden's administration did not include used cooking oil on a list of tariff increases on Chinese goods.

OILS & FATS
15-05-2024

Soy biodiesel byproduct could enhance 3D printing industry

14/05/2024 (Phys Org) - In a development that could advance the 3D printing industry, researchers at the University of Louisville have discovered a way to transform a significant waste output from soy biodiesel plants into a valuable resource.

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