Palm oil rose last week, driven by crude oil prices
Vegetable oil prices rose over February 7-13. During the week the palm oil price increased by USD 27.00 to 1089.00 USD/t.
The vegetable oil market was influenced by crude oil prices.
In addition, palm oil exporters are closely monitoring the ceasefire negotiations between Ukraine and russia.
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!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
China partially eliminates duties on US agricultural products
Falling palm oil quotes increase pressure on sunflower oil and seed prices in Ukraine
Kazakhstan completes grain harvest
Australia resumes canola shipments to China after a five-year hiatus
Euronext wheat futures hit highest level since September 1
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon