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Vegetable Fats & Oils

Bob Lane | 01.14.2015 | Jacobsen

MPOB palm oil supply and demand is encouraging

Data released by the Malaysian Palm Oil Board (MPOB) shows December crude palm oil (CPO) output shrank by 22% while exports managed to move fractionally higher in a month over month comparison with November. Thanks in a large part to monsoon flooding; December CPO output was at its lowest level since February of 2014. Exports are still weak, but at 1,519,549 MT they are almost identical to the 1,519,765 seen in December…

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04.26.2024

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

04.26.2024

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

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Vegetable Fats & Oils

MPOB palm oil supply and demand is encouraging

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