Malaysian palm oil exports of 862,215 metric tons continue to suffer and are 14% less than what was seen during first 25 days of May, as well as 12.5% less than the 985,534 MT shipped over the same period in June 2017 according to cargo surveyor SGS. Weakness in RBD palm olein demand continues to drive the weaker export data.
Crude palm oil (CPO) demand is fairly strong, up 54% to 115,080 MT over…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...