Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

Ukraine's monthly exports of sunflower oil and sunflower meal fell to the lowest level since the beginning of the 2024/25 season in February, due to the shutdown of several plants caused by negative processing margins, while exports of soybean and soybean meal rose, according to customs statistics.

Freight rates for vessels carrying palm oil cargoes within Asia were largely rangebound in the week ended Wednesday March 5 on a lack of booking discussions and limited enquiries.

Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

The imposition of 25% tariffs on Tuesday March 4 on a wide array of Canadian products, including canola seed, oil and meal, will have a devastating and widespread impact on the Canadian canola industry, according to the Canola Council of Canada (CCC) and the Canadian Canola Growers Association (CCGA).

China’s soybean stocks fell to 4.57 million tonnes in the week to Friday February 28 on higher soybean crush volume and positive crush margins, according to data from the China National Grains and Oils Information Center (CNGOIC).

Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

Malaysia’s palm oil exports in February fell for a fourth consecutive month to 1.01 million tonnes, according to data from cargo surveyor Intertek Testing Services (ITS), with the figure excluding shipments of soft oils and used cooking oil (UCO).

Malaysia-based palm oil producer SD Guthrie International (SDGI) has confirmed the arrival of its first shipments of 40,250 tonnes of palm oil that meet the requirements of the new EU Deforestation Regulation (EUDR), according to a press release published on Thursday September 19.

Singapore-based Wilmar International saw a decline in its palm fresh fruit bunch (FFB) production in the first six months of its financial year ending June 30 2024, with FFB output coming in at 1.95 million tonnes, down by 6% from the same period a year earlier, according to the company’s earnings statement released on Tuesday August 13.

The European Bank for Reconstruction and Development (EBRD) has announced a €60 million ($65 million) loan to Ukraine’s Lan Oil to finance the country’s first private biofuels venture since Russia launched its full-scale invasion in February 2022, according to a press release published on Wednesday June 12.

Singapore-based Wilmar International posted its financial results for the first quarter on Monday April 29, with net profit at $302.9 million...

Wilmar International has confirmed one of its terminals was damaged in an "incident" and estimated that it will take up to six months to repair the facilities destroyed after a missile attack on the Ukrainian port of Pivdenny...

Palm oil major Sime Darby Plantation Berhad (SDP) reported a 6% annual increase in its palm fresh fruit bunch (FFB) output for its financial year ending December 31 2023...

Singapore-based Asian agribusiness giant Wilmar International (Wilmar) saw an increase in its palm fresh fruit bunch (FFB) production in the second half of its 2023 financial year...

Palm oil major Sime Darby Plantation Berhad (SDP) recorded a 205.8% year-on-year jump in its net profits for the third quarter...

The imposition of 25% tariffs on Tuesday March 4 on a wide array of Canadian products, including canola seed, oil and meal, will have a devastating and widespread impact on the Canadian canola industry, according to the Canola Council of Canada (CCC) and the Canadian Canola Growers Association (CCGA).

Palm oil supply in the next two to three months is expected to be tight due to yields being affected by floods in Sabah in Malaysia and by Indonesia starting its newly increased biofuel mandate, palm industry experts said during the annual Bursa Malaysia Palm Oil conference in Kuala Lumpur this week.

Russia’s export duty on sunflower oil reached another all-time high for February, increasing by 11.6% from January, while the export duty on sunflower meal decreased by 18% month on month, according to an update from the country’s Ministry of Agriculture on Friday January 24.

Malaysia lowered its crude palm oil (CPO) reference price for February to 4,817.70 ringgit ($1,072) per tonne, according to a circular issued by the Malaysian Palm Oil Board (MPOB) on Thursday January 16.

Malaysia raised its crude palm oil (CPO) reference price for December to 5,001.72 ringgit ($1,141) per tonne, according to a circular issued by the Malaysian Palm Oil Board (MPOB) on Tuesday December 17.

The Turkish government is to further reduce import duties on sunflower seeds from the start of 2025 to bolster support local farmers, according to an announcement in the Official Gazette of the Republic of Turkey.

Malaysia raised its crude palm oil (CPO) reference price for December to 4,471.39 ringgit ($1,059) per tonne, according to a circular issued by the Malaysian Palm Oil Board (MPOB) on Tuesday November 19.

China will cut the export tax rebate of 13% for chemically modified animal, plant or microbial oils and fats, including used cooking oil (UCO) and aluminium and copper products, in a statement by the country's Ministry of Finance on Friday November 15.