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Vegetable Fats & Oils

Bob Lane | 03.26.2015 | Jacobsen

Palm Oil Prices Slump Below Support as High Inventories Weigh on Prices

Palm oil prices edged higher on Thursday in simpathy with crude oil which surged as Saudi Arabia initiated planned strikes against Yemen. Prices will likely be capped as Indonesian palm oil stocks are likely to hit record highs.

Palm oil inventories in Indonesia, the top producer of the vegetable oil, will jump by 63% over 2015-16, to 3.574 million tonnes, according to the US…

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04.25.2024

US heating oil, distillate fuel consumption lower than usual in Q1

In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...

04.25.2024

Chicago animal fat prices fall on increased supply

Four cars of packer grade bleachable fancy tallow traded at 40.5 cents per lb Chicago on Thursday April 25, down 1.5 cents per lb from the previously-traded level.

04.25.2024

Choppy tones widen ranges on porcine meat, bonemeal

The animal proteins market was reportedly steady to choppy on Thursday April 25, creating wider ranges on porcine meat and bonemeal specifically.

Poultry byproduct pet grade and feathermeal were steady...

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Vegetable Fats & Oils

Palm Oil Prices Slump Below Support as High Inventories Weigh on Prices

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