Vegoils
Market News

12 Jul 2024 | Mark Shenk
Managed money investors in the US soybean and corn markets accumulated short positions in the week to Tuesday July 9, sending net short positions to record highs, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday July 12.
12 Jul 2024 | Eduardo Tinti
Soyoil future prices spiked after the USDA reported its monthly World Agricultural Supply and Demand Estimates (WASDE) report on Friday July 12 with a cut to US ending soybean stocks for both crops.
12 Jul 2024 | Agricensus staff
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
12 Jul 2024 | Jane Li
China’s agriculture outlook committee (CAOC) has maintained its estimates and forecasts for production, consumption and imports for soybean, corn and vegoil for both 2023/24 and 2024/25 marketing years, according to its latest monthly Chinese Agricultural Supply and Demand Estimates (CASDE) released on Friday July 12.
11 Jul 2024 | Regina Koh
India’s edible vegetable oil imports in June rose by 2% from May to 1.53 million tonnes, data from the Solvent Extractors Association of India (SEA) released on Thursday July 11 showed.
11 Jul 2024 | Agricensus staff
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
11 Jul 2024 | Victor Gusmao
US soyoil exports for the 2023/24 marketing year hit 9,700 tonnes in the week to July 4, down by 41% from the previous week and by 6% from the four-week average, the USDA reported on Thursday July 11.
11 Jul 2024 | Anna Platonova
The crush margin for processing Ukrainian rapeseed decreased by 65% compared with the previous season, according to market estimates, though the margin is still higher compared with the margin for sunflower processing despite rising prices for rapeseed and high competition, which has pushed crushers to revise downward their plans for rapeseed processing.

Vegoils
Corporate News

12 Jun 2024 | Tim Worledge
The European Bank for Reconstruction and Development (EBRD) has announced a €60 million ($65 million) loan to Ukraine’s Lan Oil to finance the country’s first private biofuels venture since Russia launched its full-scale invasion in February 2022, according to a press release published on Wednesday June 12.
29 Apr 2024 | Regina Koh
Singapore-based Wilmar International posted its financial results for the first quarter on Monday April 29, with net profit at $302.9 million...
22 Apr 2024 | Masha Belikova
Wilmar International has confirmed one of its terminals was damaged in an "incident" and estimated that it will take up to six months to repair the facilities destroyed after a missile attack on the Ukrainian port of Pivdenny...
22 Feb 2024 | Regina Koh
Palm oil major Sime Darby Plantation Berhad (SDP) reported a 6% annual increase in its palm fresh fruit bunch (FFB) output for its financial year ending December 31 2023...
22 Feb 2024 | Regina Koh
Singapore-based Asian agribusiness giant Wilmar International (Wilmar) saw an increase in its palm fresh fruit bunch (FFB) production in the second half of its 2023 financial year...
28 Nov 2023 | Regina Koh
Palm oil major Sime Darby Plantation Berhad (SDP) recorded a 205.8% year-on-year jump in its net profits for the third quarter...
8 Nov 2023 | Jane Li
China’s weekly soybean crush level dropped by almost 4% from the previous week to 1.7 million mt last week as many crushers continued to suspend operations due to a lack of soybeans...
2 Nov 2023 | Jane Li
Intensifying competition among Chinese crushers is slashing profitability in the sector and leaving half of the potential...

Vegoils
Policy News

23 Apr 2024 | Regina Koh
Malaysia has raised its crude palm oil (CPO) reference price for May to 4,273.93 ringgit ($893) per tonne from the previous...
28 Mar 2024 | Min Jie Yaw
Indonesia has raised its crude palm oil (CPO) reference price to $857.62 per tonne for the month of April...
25 Mar 2024 | Masha Belikova
Russia’s Ministry of Agriculture cut its sunflower meal export duty again and kept its tariff for sunflower oil at zero for the month...
15 Mar 2024 | Regina Koh
Malaysia has raised its crude palm oil (CPO) reference price for April to 3,958.58 ringgit per tonne ($844.07) from 3,793.94...
22 Feb 2024 | Anna Platonova
The Russian Ministry of Agriculture has reduced the export duty on sunflower meal, while leaving the export duty on sunflower oil at...
16 Feb 2024 | Min Jie Yaw
Malaysia has raised its crude palm oil (CPO) reference price for March to MYR3,793.94/mt ($793.63) from MYR3571.39/mt in February...
6 Feb 2024 | Anna Platonova
The Polish government has expressed its intention to apply for payment of at least 8% VAT on sunflower oil that may come from
1 Feb 2024 | Masha Belikova
The European Commission has proposed to extend the duty and quota-free import of agricultural products from Ukraine and Moldova for another year...