Vegoils
Market News

10 hours ago | Marcela Caetano
The US Department of Agriculture's attaché in Argentina kept its 2023/24 soybean output estimate unchanged at 49.5 million tonnes while projecting a 51 million tonnes production in 2024/25.
12 hours ago | Regina Koh
Freight rates for vessels carrying palm oil from Southeast Asia to key destinations in the region were steady from the previous week, supported by a healthy volume of inquiries.
14 hours ago | Marcela Caetano
US net soyoil sales dropped by 56% in the week to April 25 after the previous week’s significant increase, while soybean cake and meal sales fell by 57% week on week, according to data from the US Department of Agriculture released on Thursday May 2.
17 hours ago | Anna Platonova
Weekly exports of sunflower meal and sunflower oil jumped in the week to Thursday May 2, while soybean exports fell to their lowest levels since the start of the 2023/24 season, official data shows.
1 May 2024 | Jane Li
China’s soybean crush volume in the week ending Friday April 26 ended its upward trend and edged down by 30,000 tonnes, or 1.54%, to 1.92 million tonnes compared with the week to April 19, according to data from the China National Grain and Oil Information Centre (CNGOIC).
30 Apr 2024 | Victor Gusmao
The Argentine Oilseed Crushers Union (SOEA) announced on Tuesday April 30 the end of the strike that had started on Monday, according to a union note.
30 Apr 2024 | Regina Koh
Indonesia’s palm oil inventories totaled 3.26 million tonnes at the end of February, up by 7.49% from January, following a decrease in exports and domestic consumption, according to data from the Indonesian Palm Oil Association (Gapki) released on Tuesday April 30.
30 Apr 2024 | Agricensus staff
Fastmarkets Agricensus commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.

Vegoils
Corporate News

29 Apr 2024 | Regina Koh
Singapore-based Wilmar International posted its financial results for the first quarter on Monday April 29, with net profit at $302.9 million...
22 Apr 2024 | Masha Belikova
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...
22 Feb 2024 | Regina Koh
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...
22 Feb 2024 | Regina Koh
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...
28 Nov 2023 | Regina Koh
Palm oil major Sime Darby Plantation Berhad (SDP) recorded a 205.8% year-on-year jump in its net profits for the third quarter...
8 Nov 2023 | Jane Li
China’s weekly soybean crush level dropped by almost 4% from the previous week to 1.7 million mt last week as many crushers continued to suspend operations due to a lack of soybeans...
2 Nov 2023 | Jane Li
Intensifying competition among Chinese crushers is slashing profitability in the sector and leaving half of the potential...
2 Nov 2023 | Min Jie Yaw
Malaysia’s Bursa Malaysia Derivatives Exchange (BMD) and China’s Dalian Commodity Exchange signed an agreement...

Vegoils
Policy News

23 Apr 2024 | Regina Koh
Malaysia has raised its crude palm oil (CPO) reference price for May to 4,273.93 ringgit ($893) per tonne from the previous...
28 Mar 2024 | Min Jie Yaw
Indonesia has raised its crude palm oil (CPO) reference price to $857.62 per tonne for the month of April...
25 Mar 2024 | Masha Belikova
Russia’s Ministry of Agriculture cut its sunflower meal export duty again and kept its tariff for sunflower oil at zero for the month...
15 Mar 2024 | Regina Koh
Malaysia has raised its crude palm oil (CPO) reference price for April to 3,958.58 ringgit per tonne ($844.07) from 3,793.94...
22 Feb 2024 | Anna Platonova
The Russian Ministry of Agriculture has reduced the export duty on sunflower meal, while leaving the export duty on sunflower oil at...
16 Feb 2024 | Min Jie Yaw
Malaysia has raised its crude palm oil (CPO) reference price for March to MYR3,793.94/mt ($793.63) from MYR3571.39/mt in February...
6 Feb 2024 | Anna Platonova
The Polish government has expressed its intention to apply for payment of at least 8% VAT on sunflower oil that may come from
1 Feb 2024 | Masha Belikova
The European Commission has proposed to extend the duty and quota-free import of agricultural products from Ukraine and Moldova for another year...