Market updates on vegetable oils with up-to-date price trends
Oils
Apr 14, 2020

Soybeans: US pork market under pressure

CHICAGO. The soybean markets went into reverse again. Pressure came from crude oil and a collapse in demand for pork in the USA. The 9.7 million barrel reduction in crude oil production decided by the OPEC Plus Group will not be sufficient to compensate for the collapse in demand caused by Covid-19. The introduction of quarantine, first in China and then in the USA, will reduce demand for pork in both countries, which will have a negative impact on soy demand.
Oils
Mar 31, 2020

Soybeans: South American municipalities tighten controls against the will of their governments

CHICAGO. Soybean markets were weaker in the USA and South America, but firm in Western Europe. Efforts are underway between the USA and Russia to jointly support the crashed crude oil market by cutting crude oil output by more than 20% in order to avert the threatened wave of US bankruptcies for shale oil producers. Argentina's and Brazil's municipalities have tightened border controls against the will of their governments because of the Covid-19 pandemic.
Oils
Mar 18, 2020

Soybeans: US government supports economy with USD 1 trillion

CHICAGO. The US soybean market took a breather after the Trump government plans to support the economy with USD 1 trillion. In the USA, fears that the covid-19 pandemic could paralyze the US healthcare system are boiling up because many US citizens do not have any health insurance. In both the US and Brazil, soybean exports plummeted in March due to the pandemic, which led to higher price demands from the local soybean meal trade.
Oils
Mar 9, 2020

Soybeans: Black Friday and Monday on world stock markets

CHICAGO. The US soybean market gave way to pressure from pandemic fears of the corona virus, heavy price losses on the stock and commodity exchanges, the failure of the OPEC Plus Conference in Vienna and a lack of soybean exports to China. The US leading index Dow Jones recorded the biggest price slide on the New York Stock Exchange in ten years.
Oils
Mar 6, 2020

Rapeseed: prices in France decline significantly

HAMBURG. The market for canola and rapeseed was burdened by price losses on soybeans and palm oil, which put pressure on prices in Winnipeg and Paris. The euro exchange rate, which rose to over 1.13 USD/EUR, led to a considerable downward price correction in France and Germany. With regard to the crude oil market, traders reckon that OPEC will decide on a cutback in crude oil production.
Oils
Mar 3, 2020

Rapeseed: more confidence in coping with Covid-19

HAMBURG. The share price development in Winnipeg and Paris showed a noticeable upward trend again. Tighter regulations from the USA and Malaysia as well as firmer crude oil prices led to rising prices. Politicians say that they want to support the economy in connection with the effects of the coronavirus.
Oils
Mar 2, 2020

Soybeans: Brazil beats USA on soybean exports

CHICAGO. The soybean market was again slightly firmer. High processing figures for US soybeans are expected in the NOPA report. Dockworkers' strikes and the suspension of export registrations in Argentina also supported the soy prices. Brazil caused a sensation in the market with record soybean exports in February.
Oils
Feb 28, 2020

Rapeseed: sharp crash on the physical market

HAMBURG. While Canola was still able to maintain its price in Canada, the rapeseed market in Western Europe continued its strong downward trend. In Canada, the trade feared that the outbreak of COVID-19 in China would develop into a pandemic with serious consequences for the whole world. In Germany, rapeseed fell sharply on the physical market. Strong pressure also came from palm oil.
Oils
Feb 26, 2020

Soybeans: China's import transactions are severely delayed

CHICAGO. The soybean market continues its weak price performance. Fears of a coronavirus pandemic are increasing and make further market assessments difficult. China can only process imports with a considerable delay. In Argentina, the export tax increases have caused strong criticism from farmers, who recently threatened the government with a sales stop.
Oils
Feb 21, 2020

Rapeseed: USDA damps export expectations

HAMBURG. The canola and rapeseed markets developed in slightly opposite directions, with price gains in Winnipeg and slight price losses in Paris. The US soy market remained weak, with palm oil showing a slight increase. Coceral estimates that the EU rapeseed crop will be 2.3% higher.
Oils
Feb 19, 2020

Rapeseed: low exchange rate causes prices to rise

HAMBURG. The Canadian canola market weakened after soybean oil prices in the USA fell and railway blockades put pressure on prices. Malaysia's palm oil exports declined slightly less than feared in the middle of the month. In Western Europe, a weaker euro exchange rate pushed up the price of rapeseed.
Oils
Feb 18, 2020

Soybeans: price expectations of USD 9 per bushel

CHICAGO. US soybeans rose slightly in the after the trade expected China to buy more soybeans this week after the Phase 1 deal came into effect. It remains to be seen whether this calculation works out. South America's soybean forecasts continue to rise.
Oils
Feb 12, 2020

Rapeseed: soy and crude oil provide some support for the market

HAMBURG. The canola and rapeseed markets were able to recover after the slump. A low loonie in Canada and a falling euro in Western Europe supported forward rates. Slight support also came from the soybean oil and crude oil markets.
Oils
Feb 10, 2020

Soybeans: Brazil's crop continues to fall behind

CHICAGO. US soybeans tended to be slightly firmer in Chicago. US soybean stocks could be estimated down in the WASDE report on Tuesday evening. Despite delays related to the coronavirus, China continues to meet its targets for Phase 1 commercial transactions. Brazil's soybean harvest is delayed due to rainfall, but the crop forecasts are increasingly higher.
Oils
Feb 6, 2020

Soybeans: Brazil's crop expectations continue to rise

CHICAGO. US soybeans were just able to hold their own compared to yesterday. The diminishing fear of a pandemic due to the corona virus supported the soya market, the trade expects earlier soya purchases by China, but these have not yet been confirmed. Brazil's soybean crop expectations increased again. This could put pressure on soybean prices in Chicago again.
Oils
Feb 4, 2020

Rapeseed: weak recovery trend after price slump

HAMBURG. The canola and rapeseed markets recovered slightly after former price losses. Some support was provided by US soybeans, which picked up due to high export inspection results. The palm oil market is supported by slightly better demand from Pakistan. Palm oil exports to China remained low. India raised the import duty on Malaysian palm oil. In Western Europe, rapeseeddeclined slightly on the cash market.
Oils
Jan 29, 2020

Soybeans: Brazil reduces selling pressure

CHICAGO. US soybeans held their own despite falling soy and palm oil prices. The Malaysian palm oil market collapsed by 10% yesterday due to panic selling, but recovered slightly again. Brazil's soybean crop is 9% down on the very early start last year, which stabilized the market for forward contracts.
Oils
Jan 27, 2020

Soybeans: Chicago quotes below USD 9.00 per bushel

CHICAGO. The US soy market dropped below the mark of USD 9.00 per bushel. The US trade was responsible for this due to the general uncertainty of the markets in view of the spread of the corona virus in China and the lack of export demand from Beijing. Brazil's expected record crop also pushed prices down.
Oils
Jan 22, 2020

Soybeans: Brazil's crop estimates higher than expected

CHICAGO. The US soy market declined sharply again after a strong start in the morning. Forecasts for a high soybean crop in Brazil increased the pressure on soybean futures. As expected, China did not buy soybeans in the USA, but is waiting for cheap prices after the Chinese New Year festival, when Brazil's soybean harvest has picked up speed.
Oils
Jan 21, 2020

Rapeseed: market turns back again

HAMBURG. The canola and rapeseed markets went into reverse again due to declining soy courses. Slightly higher Malaysian palm prices, however, provided some support for the market, even if the import ban on Malaysian palm oil imposed by India should continue to weigh on the market. In the EU, rapeseed imports have tended to decline recently.
Oils
Jan 15, 2020

Soybeans: stock ratio should soon increase

CHICAGO. The US soybean market reacted cautiously to today's imminent conclusion of the Phase 1 deal with China. As a result, US trade expects higher exports to China. South America's soybean crops are improving. The cultivation of US soybeans should also increase noticeably in spring. This would increase the lower stock ratio again.
Oils
Jan 13, 2020

Rapeseed: the market is crumbling noticeably

HAMBURG. The rapeseed and canola market is crumbling after pressure came from the US soy market because of weak exports and stronger Chinese purchases in Brazil. Palm oil prices could also soon reach their zenith if China uses more soy processing to obtain fewer vegetable oils on the world market.
Oils
Jan 7, 2020

Soybeans: Brazil's crop benefits from abundant rainfall

CHICAGO. The US soybean market showed a slight upward trend again after former price losses. Brazil's soybean supply is growing, and trade is no longer ruling out a record crop of 125 million mt.
Oils
Jan 6, 2020

Rapeseed: palm oil production in Malaysia declines slightly

HAMBURG. The rapeseed and canola market declined slightly after profit-taking in Winnipeg and Paris. International tensions in the Middle East following a targeted US air strike against Iranian General Qassem Suleimani caused uncertainty on the markets due to announced retaliatory measures. Malaysian palm oil production in 2019 is probably lower than expected. This at least supported the Western European rapeseed market.
Oils
Dec 19, 2019

Soybeans: US market benefits from Argentinian tariffs

CHICAGO. The US soybean market was supported by the Phase 1 agreement, but so far the US government has not provided any concrete figures and Beijing remains silent. Allegedly, the ambitious export targets for US agricultural goods cannot be achieved that quickly. Nevertheless, the USA is entering the soybean market stronger because higher export duties in Argentina are restricting competitiveness.
Oils
Dec 16, 2019

Rapeseed: Malaysia imposes 5% export duty on palm oil

HAMBURG. The rapeseed and canola market reaches annual highs. The reasons are the outcome of negotiations in the customs dispute with China, the increase in export taxes for soybeans in Argentina and the announcement of Malaysian export duties for palm oil from 1 January 2020.
Oils
Dec 9, 2019

Soybeans: Beijing allegedly renounces higher tariffs

CHICAGO. In the U.S., soybeans became noticeably firmer. It is alleged that Beijing does not impose import duties on certain amounts of US soybeans and US pork meat.
Oils
Dec 5, 2019

Rapeseed: OPEC negotiates production limits for crude oil

HAMBURG. The rapeseed and canola market has caught up with the trade, which was caused by US crude oil inventories having declined surprisingly. However, Canada is heading towards a canola harvest of 20 million metric tonnes.
Nuts
Sep 9, 2019

Desiccated coconuts: Exports from the Philippines rise by more than 50%

MANILA/JAKARTA. In the first four months of the year, the export volume of desiccated coconuts rose by more than half.
Nuts
Aug 14, 2019

Coconuts: New trends and new opportunities

MANILA/PEKING. Over the last two years China has imported tropical fruits worth more than USD 2 billion from the Philippines. Experts reckoning with a shift in the coconut market and enormous growth potential for desiccated coconuts.
Oils
Jun 8, 2018

Indian government plans to raise import duty on soft oil

The duty increase will help oilseed farmers to get good income for their produce.
Oils
Apr 23, 2018

India’s cooking oil import increased

The government has tried to limit import duty in oil, mainly for palm oil.
Alerts and Regulations
Sep 30, 2017

Eating oil will not be expensive in the festival, government increased stock limits

Indonesia did not export palm oil for October
Alerts and Regulations
Sep 19, 2017

Prices of crude palm oil may fall till the end of current year

The fall in global oil prices will have the same effect on Indian markets
Alerts and Regulations
Sep 16, 2017

"Palm oil production in Malaysia increases"

"Malaysian Palm Oil stock Increased by increasing production
Alerts and Regulations
Sep 16, 2017

Palm Oil: Indonesia's Palm Oil production in July, likely to grow exports

Palm Oil: Indonesia can not make major changes in palm oil exports to India
Alerts and Regulations
Sep 16, 2017

Edible Oil: Price may Go up in International Market as well as Domestic

Edible Oil: India is likely to imports of 15.2 million tonnes
Alerts and Regulations
Sep 12, 2017

Mustard Seeds: Crushing of mustard reduced in August

Mustard Seeds: In August the crushing of mustard grains decreased by 18 per cent.
Alerts and Regulations
Sep 12, 2017

Edible Oil may trade upside

Edible oil production targeted at 11 million tons in the year 2021-22
Alerts and Regulations
Sep 11, 2017

Ground Nuts: Exports increased 41% in July 2017

Ground Nuts: African countries plays major role on International prices
Alerts and Regulations
Sep 9, 2017

Soya Bean: Production in India is expected to fall by 13%

Soya bean Meal: Exports up 86% in August
Alerts and Regulations
Sep 9, 2017

Oil Meals: Exports up by 78% in April-August

Oil Meals: Figures shows exports increases year by year
Alerts and Regulations
Aug 31, 2017

Dry Coconut: Ball Copra price raise due to festival demand.

Dry Coconut: Easing tensions with China may boost prices
Grains
Aug 24, 2017

Rapeseed: stronger demand is required to push prices up

Logistical and storage problems will compel local farmers to sell.
Grains
Aug 21, 2017

Rapeseed: the nightmare - fluctuating exports

Quickly executing older contracts, local market players rapidly filled in ships, which already set sailed. Yet, when prices are under pressure from regional market forces, local selling parties expect … the unexpected.
Grains
Aug 18, 2017

Rapeseed: lower output clutched in lower prices

Competitive prices in the Black sea region further push down local ones.
Grains
Aug 14, 2017

Rapeseed: competitive prices boost exports

Ships are lined-up for uploading. Regional market forces are expected to further push down prices.
Alerts and Regulations
Aug 14, 2017

Wheat- Edible Oil: No Import Duty on Wheat & Import Duty on Edible Oil

No import Duty on Wheat & Import duty on edible oil 25% fixed by govt.