Cash Palm Oil Market Starts to Pick Up

Author: Alexandra Watts

Cash Palm Oil Market Starts to Pick Up

Alexandra Watts | 06.14.2023

Palm oil cash market activity has started to perk up, with prices edging higher following an overall quiet period. Rumblings of increased buying interest from major destination markets have surfaced. Since the start of April, U.S. Gulf physical palm oil cash prices have lost more than 18 percent. The cash market had been closely tracking futures prices, with palm oil contracts facing a bearish set of fundamentals, including rising stocks in Southeast Asia and tepid international demand fr...

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France First to Act on HHC in Europe

France First to Act on HHC in Europe

France has recently moved to stem the sale of synthetic cannabinoid HHC,...

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Fat Prices Move Higher Amidst SBO Rally

Fat Prices Move Higher Amidst SBO Rally

The EPA announced a week delay on its RVO announcement, pushing the deadline back to June 21st. There is...

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GCAU’s Push Lower; IE MM and FM April Exports Down from March

GCAU’s Push Lower; IE MM and FM April Exports Down from March

Only slight range adjustments were witnessed on the ruminant and porcine markets today. The push-pull tone has left both buyer...

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Corn and Soybean Conditions Continue to Slip

Corn and Soybean Conditions Continue to Slip

Market Update

Corn gluten products had limited trading activity since the Friday WASDE report....

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Growing Supply of Hides for Gelatin Industry

Growing Supply of Hides for Gelatin Industry

The US hide market was quiet today while sellers prepare their offer lists. Some sellers remarked on incoming inquires...

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RBD Soybean Oil Basis Heads Higher Again

RBD Soybean Oil Basis Heads Higher Again

Basis on refined, bleached, and deodorized (RBD) soybean oil in Illinois was up another 1.25 cents this week to...

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New Measures to Advance Organic Textiles, Ensure Provenance

New Measures to Advance Organic Textiles, Ensure Provenance

The

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Hemp Fiber Segment to Benefit from GOTS v 7.0

Hemp Fiber Segment to Benefit from GOTS v 7.0

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Price direction in...

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