It has reached EUR 1540 pmt FOB ARA for November contract. Meanwhile, the price of rapeseed on Euronext for November delivery is EUR 676 pmt. The reason behind this strong rise in price could be explained by the drop in rapeseed harvest/stocks and strong demand...
An unprecedented crisis requiring urgent action, large new capacities of biofuel production coming onstream while feedstock prices are increasing spectacularly, politicians forced to review biofuel mandates to reduce costs and avoid social unrest. The parallels...
India's palm oil imports fell 24 per cent to 5,87,467 tonne in June over the previous month of this year due to higher stock in the domestic market, industry body Solvent Extractors Association (SEA) said on Tuesday. The SEA expressed concern that the recent cut in...
Cargill is planning to build a new palm oil refinery in Indonesia, the company announced on 3 June. Construction of the new US$200M facility in Lampung has begun and is due for completion late next year, according to the company. Palm oil from the new refinery would...
India spent $480 billion on imports making it one of the most important markets for countries that sell to India. Notable within India’s top imports is organic chemicals for agriculture and edible oils. Recent reports on edible oils shows that the country needs 25...
India recently launched Mission Mustard Collaborative initiative involving the Indian Ministry of Agriculture, Solvent Extractors Association of India and prominent agribusiness companies including Godrej and Adani Wilmar. It is aligned with the Indian government’s...
For the second year in a row, Oleoline has decided to survey its readers. In order to improve service and quality, we want to know the feedback from our customers on the subscription process, the quality of our reports and all the services we offer. This questionnaire...
Oleoline has had the honor of holding various industry-wide conference since 1992. In a challenging context, Oleoline is delighted to announce that we have decided to go ahead with a 6th Global Glycerine Conference in 2021. The venue has been booked for Thursday 24th...
Demand drop due to the lockdowns and the heavy premiums of biodiesel over crude oil have put the veg oil prices under pressure during the first half of the year 2020. Demand revival as the lockdowns eased and the unexpected production drop of palm during the second...
Buoyant discussions for yearly tenders are ongoing. The price spread for Kosher non-GMO refined glycerine is relatively wide between the mid EUR 500’s and the low EUR 600’s pmt DDP NWE in bulk. The spot market is almost inexistent in Europe. However, we do not see a...