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6 Feb 2025
Brazil’s central and southern agricultural regions are expected to receive extensive rainfall during the week beginning Thursday February 6, which could disrupt soybean harvesting and second-crop (safrinha) corn planting, although the additional moisture will benefit safrinha development prospects.
31 Jan 2025 | Regina Koh
Indonesia has set its crude palm oil (CPO) reference price for February at $955.44 per tonne, down by $104.10 per tonne from January’s $1,059.54 per tonne, according to a decree by the trade ministry late on Friday January 31.
31 Jan 2025
A cold snap is expected to sweep across parts of the US in the week beginning Thursday January 30, putting winter wheat at risk if protective snow cover remains thin.
28 Jan 2025
Fastmarkets will not publish price assessments for a range of palm oil and palm oil products across key Asia trading hubs between January 27 and February 4 due to the Lunar New Year holiday.
27 Jan 2025 | Regina Koh
Malaysia’s palm oil exports during January 1-25 were at its lowest level for the period in two years at 837,683 tonnes, as demand from destination markets shifted to cheaper rivals, according to figures from cargo surveyor Intertek Testing Services.
24 Jan 2025 | Regina Koh
Indonesia’s palm oil exports in November 2024 were estimated at 2.637 million tonnes, according to figures from the Indonesian Palm Oil Association (Gapki) released on Friday January 24.
23 Jan 2025
The cold front expected to arrive in the US on Thursday January 23 will bring frigid temperatures to the Plains and Midwest through Wednesday January 29. Thin snow cover in some areas raises concerns that winter wheat could be exposed to damaging cold.
22 Jan 2025 | Min Jie Yaw
Indonesia exported less palm oil in 2024 versus a year earlier, excluding shipments of used cooking oil (UCO), soft oil and coconut oil, according to data from cargo surveyor Intertek Testing Services (ITS).
22 Jan 2025 | Min Jie Yaw
Freight sentiment for vessels carrying palm oil cargoes within Asia remained tepid in the week to Wednesday January 22 on still soft export demand, sources told Fastmarkets.
22 Jan 2025 | Jenny Ma
China’s combined stocks of its major vegetable oils soybean oil, palm oil and rapeseed oil dropped in the week to Friday January 17, with an increase in rapeseed oil stocks outweighing a drop in palm oil volume while soybean oil stocks stayed flat, according to data from the China National Grain and Oils Information Centre (CNGOIC).
21 Jan 2025 | Regina Koh
Malaysia’s palm oil exports totaled 653,338 tonnes during January 1-20, down by 188,071 tonnes or 22% from 841,409 tonnes during the same period a month earlier, due to lackluster demand from key destination markets amid higher palm prices against its nearest rivals, according to data from cargo surveyor Intertek Testing Services (ITS).
16 Jan 2025
Showers are forecast for Argentina in the week beginning Thursday January 16, but volumes should be limited and unevenly distributed, raising pressing concerns for soybean and corn fields in key development stages.
16 Jan 2025 | Min Jie Yaw
Malaysia lowered its crude palm oil (CPO) reference price for February to 4,817.70 ringgit ($1,072) per tonne, according to a circular issued by the Malaysian Palm Oil Board (MPOB) on Thursday January 16.
15 Jan 2025 | Jenny Ma
China’s combined stocks of its major vegetable oils soybean oil, palm oil and rapeseed oil rose in the week to Friday January 10, with an increase in rapeseed and palm oil stocks outweighing a drop in soybean oil volumes, according to data from the China National Grain and Oils Information Centre (CNGOIC).
15 Jan 2025 | Min Jie Yaw
Freight for vessels carrying palm oil cargoes within Asia was stable to down in the week to Wednesday January 15 on unchanged fundamentals.
14 Jan 2025 | Min Jie Yaw
India imported 1.19 million tonnes of edible vegetable oils in December, down by 25.4% or 404,639 tonnes from November, the lowest level in three months, according to data released by the Solvent Extractors Association of India (SEA) on Tuesday January 14.
14 Jan 2025 | Regina Koh
Malaysia’s crude palm oil (CPO) production in 2025 is expected to reach 19.5 million tonnes, a 0.8% increase from 2024’s 19.34 million tonnes, a senior official at the Malaysian Palm Oil Board (MPOB) said at an industry event on Tuesday January 14.
13 Jan 2025 | Regina Koh
China’s total soybean imports reached a record 105 million tonnes in 2024, 6.5%, or 6.42 million tonnes higher than the 98.6 million tonnes reached in 2023, according to data released by the country’s General Administration of Customs (GACC) on Monday January 13.
10 Jan 2025 | Tim Worledge
An EU effort to impose new rules on deforestation may be forcing a change in the way palm oil and palm products trade in Rotterdam, Europe’s primary production and logistic hubs, trade sources told Fastmarkets on Friday January 10.
10 Jan 2025 | Regina Koh
China’s agriculture outlook committee (CAOC) has raised its estimates for the country’s corn production and lowered corn imports for 2024/25 in the latest Chinese Agricultural Supply and Demand Estimates (Casde) report released Friday January 10.
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