Edible oils – Latest news

Sunflower oil
March 21, 2025

Turkey purchased 18 thousand tons of sunflower oil at tender

Source: Oleoscope (Russia) Market operators have reported that after a hiatus of two years, the Turkish State Agency (TMO) has acquired 18,000 tons of crude sunflower oil through a recent…
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Olive oil
March 20, 2025

EU lifts duties on Chilean olive oil imports

Source: Oleoscope (Russia) On March 11 of this year, a provisional free trade agreement came into effect between Chile and the European Union. This agreement eliminates tariffs on the initial…
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Cargo ship
March 18, 2025

Turkey announces tender for vegetable oil purchase after two-year break

Source: Oleoscope (Russia) Turkey’s Grain Agency (TMO) is set to resume international tenders after a hiatus of two years, seeking to acquire 18,000 tons of unrefined sunflower oil on a…
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Palm
March 18, 2025

Indonesia to raise palm oil export tax to 10 percent

Source: Oleoscope (Russia) Indonesia is set to increase its export duty on palm oil from a range of 3-7.5% to 4.5-10% of the benchmark price for crude palm oil. This…
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Palm
March 11, 2025

The era of cheap palm oil is coming to an end

Source: Ukragroconsult (Ukraine) The palm oil industry finds itself at a critical juncture, confronted by a challenging mix of supply limitations, increasing biodiesel demand, and unfavorable weather patterns. Previously valued…
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Chinese flag
March 10, 2025

China imposes 100 percent duty on Canadian rapeseed oil, oilcake and peas

Source: Oleoscope (Russia) The Ministry of Commerce in China has declared its intention to implement tariffs on agricultural goods from Canada, amounting to $2.6 billion. These tariffs are set to…
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Sunflower oil
March 10, 2025

Ukraine cut sunflower oil exports by 24 percent

Source: Ukragroconsult (Ukraine) In the marketing year 2024/25 (as of March 1), Ukraine’s sunflower oil exports saw a year-over-year decline of 24%, totaling 2.4 million tons, marking the lowest figure…
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Edible oil
March 6, 2025

Bulgarian sunflower oil producers halt work due to shortage of raw materials

Source: APKinform (Ukraine) The Bulgarian Sunflower Oil Producers Association has indicated that numerous processing plants across the nation are compelled to halt their sunflower seed processing due to a lack…
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Sunflower oil
March 6, 2025

Ukraine’s sunflower oil exports remain at the lowest level in almost 10 years

Source: APKinform (Ukraine) Ukrainian sunflower oil exports are currently low, as local producers are struggling to secure the necessary raw materials for sustained operations for the coming months. This information…
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Palm
March 6, 2025

Palm oil is not cheap anymore

Source: Oleoscope (Russia) On Thursday, the Indonesian palm oil producer association, GAPKI, announced that the country is projected to see a decrease of 6.9% in palm oil exports by 2025,…
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Edible oil
March 3, 2025

Russian rapeseed oil exports doubled in January

Source: Oleoscope (Russia) As per the projections from the experts at the federal center “Agroexport,” Russia’s exports of rapeseed oil to international markets exceeded 170 thousand tons in January 2025….
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Olive tree
February 26, 2025

Olive oil prices will come down within a few months

Source: Ukragroconsult (Ukraine) According to Food Navigator, citing prominent Italian supplier Filippo Berio, prices for olive oil are anticipated to drop over the next three months. The olive oil industry…
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Sunflower oil
February 26, 2025

Sunflower oil production in Bulgaria falls

Source: Oleoscope (Russia) In Bulgaria, the production of sunflower oil has recently decreased, primarily due to a lack of raw materials, as noted by the local publication Bourgas, which referenced…
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Sunflower oil
February 26, 2025

Duty on sunflower oil exports from Russia will decrease 1.9 times in March

Source: Oleoscope (Russia) In March 2025, the export duty for sunflower oil from Russia will drop significantly by 1.9 times to 9,333.2 rubles per ton, down from 17,786.4 rubles in…
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Edible oil
February 24, 2025

India to raise duties on edible oil imports again

Source: Oleoscope (Russia) India is likely to raise import duties on edible oils for the second time in less than six months to support thousands of oilseed farmers. A hike…
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Sunflower seeds
February 24, 2025

Ukrainian sunflower prices continue to rise due to higher oil prices in ports

Source: Oleoscope (Russia) Sunflower prices in Ukraine continued to rise last week, which was still supported by a further increase in the cost of sunflower oil in ports and high…
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Navigating the Dynamic World of Edible Oils: Stay Informed with the Latest News

The global edible oils market is a complex and constantly evolving landscape, significantly impacting the food industry and consumer habits. Understanding the trends, challenges, and opportunities within this sector is crucial for businesses, investors, and anyone interested in food production and consumption. This comprehensive overview provides a gateway to the latest news and insights surrounding the edible oils industry.

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