Malaysian palm oil has demonstrated five consecutive growth sessions
Per week palm oil price increased by USD 30 to USD1,062.00/t.
Global oil markets rose on January 22-31: the price of soybean oil fell by 6.5% and palm oil rose by 2.9%. The price of sunflower oil fell by 2.6% and is losing price competition to other oils. Demand for sunflower oil remains subdued.
More detailed information on the latest trends in oilseeds/vegoils and meals exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
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