Palm oil exports are slightly stronger than market expectations, which appear to be helping to buoy prices in an increasingly bearish environment. Malaysia’s exports have been firm during April. Demand for RBD palm olein remains very strong and increased by 111,465 metric tons from April 20th and is 57% stronger month over month. Crude palm oil demand remains weak and only increased by…
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...