International Animal Proteins 03.08.2023
Most values on the international animal proteins market were flat for the week on diminished trade flows. Minor movement on...
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Cash Palm Oil Markets Rangebound
Palm oil cash prices were rangebound this week, as they continued to track activity in the futures market. Palm oil spot prices at the U.S Gulf have started August steady from a month earlier but down about 17 percent from the 2023 high reached in early April. Rumblings of increased buying interest from major destination markets surfaced earlier in the summer, which boosted cash prices. However, a recent slowdown in demand from India, one of the largest international buyers, has offered pressure. The cash market...
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