 |
India Tariff Cut Boosts Palm Oil Imports
11.12.2020 15:55 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Oilseeds: World Markets and Trade (December 2020), India, the world’s largest importer of palm oil, cut its crude palm oil tariff 10 percentage points in late November to curb rising food prices. Palm oil export prices have soared over 60 percent since May, their highest levels in 6 years. The high cost of vegetable oils, coupled with the economic impact of COVID-19, constrained India demand and imports in 2019/20. In response to the tariff reduction, the 2020/21 palm oil import forecast is up 200,000 tons as the lower tariff will make palm oil more affordable to consumers. The sunflower oil forecast is reduced 100,000 tons in response to tight global supplies and the additional palm oil in the market. Demand for vegetable oil is expected to recover assuming an improving economy in 2021 as the impact of COVID-19 diminishes over time. Prices of all major vegetable oils have strengthened considerably since May. Adverse growing conditions in key production areas have combined with strong demand in China to boost underlying oilseed prices. These have translated to the higher oil prices currently seen, along with slowing palm oil production in Indonesia and Malaysia that has reduced exportable supplies. Since November 2019, the price spread has narrowed between palm oil and other oils as high prices encourage a shift to less expensive oils such as palm. As long as vegetable oil prices remain elevated, these trends are expected to continue.
28.10.2025 |
|
 |
|
|
 |
08:27 |
Supply of cattle to processing enterprises decreased. Pig supplies increased |
23.10.2025 |
|
|
|
|
|
23:47 |
Commission mobilises ˆ50 million in emergency support to farmers in Bulgaria, Hungary, Latvia, Lithuania, Poland and Romania |
|
23:43 |
Commission proposes measures to support generational renewal in agriculture to secure Europe's food, farming and rural future |
17.10.2025 |
|
|
|
|
|
22:05 |
Andrew MacPherson to be appointed CEO of Teys beef processing business |
16.10.2025 |
|
|
|
|
|
17:07 |
FAO marks World Food Day and 80 years of collective action for a better future |
07.10.2025 |
|
|
|
|
|
06:23 |
World Cotton Day. 7 October. Key messages |
|
06:00 |
Global cotton production is expected to grow by 1.3% annually, primarily driven by yield improvements, reaching 29.5 Mt by 2034 |
05.10.2025 |
|
|
|
|
|
22:03 |
FAO Food Price Index declined slightly in September |
|
20:22 |
Cereal markets remain well supplied, with a positive outlook for the short term |
28.09.2025 |
|
|
|
|
|
15:31 |
HIGHLIGHTS: EU exports remained stable in the first half of 2025, while import prices increased |
26.09.2025 |
|
|
|
|
|
14:26 |
New FAO report assesses progress towards food and agriculture SDG indicators |
|
10:49 |
EBRD lowers Ukraine 2025 growth forecast to 2.5 per cent |
|
07:40 |
Turkey Stone Fruit Exports Forecast to Fall After Spring Frosts |
24.09.2025 |
|
|
|
|
|
14:08 |
EBRD supports Ukraine’s agribusiness sector |
17.09.2025 |
|
|
|
|
|
19:27 |
Sudan: FAO moves to protect 9.4 million livestock in nationwide vaccination campaign |
14.09.2025 |
|
|
|
|
|
11:57 |
Global oilseeds production is raised this month on higher soybean production in Ukraine - USDA |
|
10:14 |
Global Raspberry Market Under Pressure Amid Weather Extremes, Rising Costs, and Shifting Yields |
13.09.2025 |
|
|
|
|
|
16:18 |
Improved prospects for coarse grains put global cereal production in 2025 forecast at all-time high |
|
10:30 |
U.S. Corn Exports Forecast at Back-to-Back Records |
26.08.2025 |
|
|
|
|
|
14:47 |
BASF and Yara end joint project for low-carbon ammonia at U.S. Gulf Coast |
|
07:48 |
Famine confirmed for first time in Gaza |
15.08.2025 |
|
|
|
|
|
19:55 |
The global oilseeds production forecast is lowered this month |
14.08.2025 |
|
|
|
|
|
17:29 |
EBRD lends EUR500 million to Ukraine gas company for emergency supplies |
13.08.2025 |
|
|
|
|
|
08:49 |
Indonesia Soybean Meal Imports Grow on Increased Feed Demand |
12.08.2025 |
|
|
|
|
|
21:21 |
European Union Wheat Imports Decline on Larger Supplies |
09.08.2025 |
|
|
|
|
|
06:26 |
FAO Food Price Index edges up in July |
08.08.2025 |
|
|
|
|
|
23:04 |
Farmers to get compensation of up to 80% of breeding animals cost, up to 25% for building farms |
04.08.2025 |
|
|
|
|
|
13:47 |
MHP has successfully closed the transaction to acquire over 92% stake in Grupo UVESA |
30.07.2025 |
|
|
|
|
|
08:24 |
BASF Group in second quarter 2025: Sales almost at prior-year quarter level on slight volume growth; EBITDA before special items slightly lower |
|
01:08 |
Cargill to acquire Mig-Plus, expanding animal nutrition business in Brazil |
15.07.2025 |
|
|
|
|
|
22:32 |
EU agri-food imports rose to EUR 48.1 billion in the first quarter of 2025 |
14.07.2025 |
|
|
|
|
|
10:01 |
EU agri-food trade remained strong in the first quarter of 2025. Exports grew by 3% compared to 2024 and reached EUR 59.7 billion |
12.07.2025 |
|
|
|
|
|
16:33 |
Major Ukrainian employers commit to people-centred business practices with first Human Capital Resilience Charter |
|
16:31 |
EBRD supports decentralisation of Ukraine power generation |
|
09:15 |
North Africa Shifts Toward Black Sea Supplies for Wheat Imports |
11.07.2025 |
|
|
|
|
|
19:40 |
EU expands support for Ukraine with new financing of almost EUR600 million for energy, transport and business resilience |
|
19:35 |
EBRD, the EU and partners announce plan to boost renewables in Ukraine |
|
08:26 |
Nufarm and Agrauxine announce strategic partnership to launch innovative bio fungicide Nuxine |
|
07:16 |
Cargill Sets a New Global Benchmark for more Sustainable Cocoa Supply Chains |
07.07.2025 |
|
|
|
|
|
09:02 |
FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices |
01.07.2025 |
|
|
|
|
|
19:13 |
EU-backed ˆ30 million export guarantee pilot launched for Finnish SMEs trading with Ukraine |
|
08:41 |
Sudan: FAO scales up emergency response with seed distribution campaign targeting 7.5 million people |
|
07:34 |
EU and Ukraine reach agreement in principle on a modernised trade relationship |
29.06.2025 |
|
|
|
|
|
21:12 |
Global wheat production in 2025 is forecast at 800.1 million tonnes - FAO |
|
16:36 |
Coffee. Uganda Output to Continue Expanding |
|
09:05 |
World meat production is forecast to expand in 2025, albeit at a slower pace than in recent years |
28.06.2025 |
|
|
|
|
|
21:01 |
World milk production is forecast to reach 992.7 million tonnes in 2025 |
|
19:45 |
FAO urges collective action for food security, climate and development challenges in Africa |
26.06.2025 |
|
|
|
|
|
08:17 |
FAO Investment Centre Annual Review: a look back at 2024 Agrifood investment and finance solutions for people and the planet |
|
08:10 |
Proposal under consideration for a targeted ‘Crop War’ on sugarcane and other key crops: Agri Minister |
Also available: 
|
| |
|
|
