Edible oils – Latest news

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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Diagrams
February 21, 2025

Imports of vegetable oils into the EU in 2024/25 declines

Source: APKinform (Ukraine) Imports of four major vegetable oils in the European Union in October-December 2024 fell to a 12-year low, amounting to only 1.38 million tons, which is 14%…
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Soybean oil
February 21, 2025

Ukraine increases soybean oil exports to EU by 37 percent

Source: Ukragroconsult (Ukraine) Ukraine exported a record 0.33 million tons of soybean oil to the EU in 2024, up 37% year-on-year. This occurred against the background of a general decline…
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Edible oil
February 21, 2025

Rapeseed oil exports from Ukraine in the current season decreased by 48 percent

Source: Oleoscope (Russia) According to operational data of Ukrainian agricultural analysts, from July to January 2024/25 MY rapeseed oil exports from Ukraine decreased by 48% to 196.6 thousand tons. Nevertheless,…
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Palm
February 20, 2025

India cancels palm oil purchases due to high prices

Source: APKinform (Ukraine) Indian importers have canceled the purchase of 70,000 tons of crude palm oil (CPO) with delivery in the period from March to June due to a sharp…
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Sunflower oil
February 20, 2025

Egypt significantly reduced sunflower oil imports in the first quarter of 2024/25

Source: Oleoscope (Russia) Egypt significantly reduced sunflower oil imports in the first quarter of MY 2024/25, favoring soybean imports and domestic processing. Between September and November 2024, sunflower oil imports…
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Olive tree
February 12, 2025

Unprecedented harvest boosts Tunisian olive oil exports by 50 percent

Source: Ukragroconsult (Ukraine) Tunisia’s olive oil exports are expected to reach the highest level in 5 years on the back of a sustained recovery in the harvest. The country’s Ministry…
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Soybean oil
February 11, 2025

Brazil’s soybean oil exports fell 30 percent in January

Source: Oleoscope (Russia) According to official data, Brazil exported 88.1 thousand tons of soybean oil in January this year, which is 30% less than in December 2024, but 28% more…
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Marokko
February 11, 2025

Russia resumes supplies of fat and oil products to Morocco

Source: Oleoscope (Russia) After a break of almost 5 years, Morocco has resumed purchases of Russian sunflower oil and meal. In addition, barley, corn, leguminous crops, bran, beverages, honey, confectionery…
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Diagrams
February 6, 2025

Bunge’s quarterly profit fell due to weak oilseed processing margins

Source: Ukragroconsult (Ukraine) Agricultural commodities trader Bunge Global posted lower-than-expected fourth-quarter profit as weak oilseed processing margins in key markets impacted the company’s results in its core agribusiness segment, Reuters…
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Sunflower oil
February 5, 2025

India’s sunflower oil imports up 10 percent in January

Source: Oleoscope (Russia) India’s imports of edible oils fell to 1 million tons in January 2025, down 16% from December last year and the lowest in eleven months. The drop…
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Sunflower oil
January 27, 2025

Global sunflower oil prices not rising

Source: Oleoscope (Russia) From February 1, the export duty on Russian sunflower oil will increase by 1719 rubles, to 17786 rubles/ton at an indicative price of $1068 against $1027 per…
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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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