Edible oils – Latest news

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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Edible oil
January 24, 2025

China’s edible oil stocks declined

Source: Oleoscope (Russia) According to the National Grain and Oil Information Center of China (CNGOIC), China’s combined stocks of the main edible oils – soybean oil and palm oil -…
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Edible oil
January 23, 2025

Tajikistan meets only 21 percent of its domestic demand for edible oil

Source: APKinform (Ukraine) Tajikistan currently meets just over 21% of the population’s need for vegetable oil. The Republic spends $170-180 million annually on importing this product, ASIA-Plus reports. As it…
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Soybeans
January 15, 2025

India’s soybean oil imports doubled in December

Source: Oleoscope (Russia) India’s palm oil imports fell sharply in December as cheaper soybean oil from South America gained market share in the world’s largest edible oil importing country, industry…
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Cargo ship
January 15, 2025

Russia to renew sunflower oil export record in 2024

Source: Oleoscope (Russia) According to preliminary data, Russia supplied more than 5.7 million tons of sunflower oil to foreign markets in 2024. For the first time in history, the annual…
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Sunflower oil
January 10, 2025

Sunflower oil is the leader of Ukrainian agricultural exports in 2024

Source: Oleoscope (Russia) Sunflower oil has become the leader of agricultural exports from Ukraine in 2024. It was sold abroad for more than $ 5 billion, the country’s Economy Ministry…
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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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