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Tag: Global vegetable oil

Vegetable oil price index hits two-year high

Vegetable oil price index hits two-year high

January 18, 2020 |

In Germany, the UFOP reports that firm vegetable oil prices caused the vegetable oil price index of the Food and Agriculture Organization of the United Nations (FAO) to rise considerably at the end of 2019. The surge was mainly driven by firm palm oil prices. However, asking prices for soybean, sunflower and rapeseed oil also […]

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Global vegetable oil production set to reach new peak

Global vegetable oil production set to reach new peak

October 11, 2018 |

In Washington, according to the USDA forecast, 2018/19 world vegetable oil production will probably rise more than 3 per cent from the previous year to a record level of just less than 204 million tonnes. Palm, soybean, rapeseed and sunflower oil account for around 87 per cent of that figure. Soybean oil is expected to see the biggest […]

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