Veg Oil Imports Declining in July

Imports of the five major vegetable oils declined by 17% from the high year-ago level to 1.6 Mn T in July...Soya oil has regained price competitiveness on the Indian import market recently, boosting arrivals to an estimated 520 Thd T last month, up 20% on the year....

Vegetable oil stocks in India recovered during the past two months but are currently still far below the levels registered in preceding years....

Canola Export Prospects Deteriorating in 2025/26

China’s announcement of a preliminary 76% import duty on Canadian canola with effect from Aug 14 has delivered a severe blow to Canadian farmers ahead of the 2025 harvest, with new-crop canola prices on the ICE (Nov position) plummeting to a 4-month low ...The latest measure, based on the preliminary results of an anti-dumping probe launched in Sept 2024, comes on top of the 100% duty on canola oil and meal, virtually closing the door to the Chinese market for Canadian canola....

Indonesian Exports of Palm Oil Gaining Momentum

Indonesian exports of crude and processed palm oils increased sharply to a multi-year high of 3.0 Mn T in June, bringing the year-on-year growth in April/June to 0.6 Mn T....

Disposals of palm oil have increased sizably in recent months, favoured by recovering production. Several large plantations reported double-digit growth rates in crude palm oil output in April/June 2025...

Crop Damage in the Black Sea Region

Sunflowerseed production will recover in the Black Sea region, but it will not live up to initial expectations, limiting the recovery in world production and export supplies of sunflower oil in 2025/26......

At the moment sunflower oil consumers are apparently not well covered. Many consumers have reduced old-crop stocks and hesitate to cover their needs for Oct/Dec in expectation of lower prices. However, the price setback may turn out smaller than currently anticipated and may even result in a squeeze....More details in the WEEKLY...

Argentine Soya Crush Forecast to Decline by 1-2 Mn T in Sept/March

There is a high probability of a year-on-year decline in Argentine soybean crushings in Sept/March 2025/26....One constraint is to be seen in finding a home for the prospective increase in world export supplies of soya meal.......

 

Soybean Prices Seeking New Lows Amid Ample Supplies

The prospective supply & demand fundamentals for the 2025/26 season can be described by a further increase in production of soybeans, increasing crushings and accumulating soybean stocks in the fourth consecutive year...Current ample world supplies of soybeans and the outlook of another record crop in South America in early 2026 triggered additional price weakness in the cash and futures markets....

World production and crushings of oilseeds other than soybeans will recover in 2025/26 under the lead of sunflowerseed. Latest OIL WORLD supply and demand estimates for all 10 major oilseeds in the MONTHLY report....

Order Your OIL WORLD Annual 2025 NOW

Political intervention, viz. escalating trade conflicts and biofuel policies, has been the key feature in the global markets of oilseeds, oils & fats and oilmeals in recent months, making a difficult market even more complex and keeping volatility high. 
                                
The OIL WORLD price index of eight edible oils peaked this season already in November and has again been on a downtrend since early April. The bullishness initially emanating from declining production of sunflower oil, rapeseed oil and palm oil has been eased of late by declining biodiesel/HVO production, primarily in the USA, the EU-27, Argentina and China, which lowered feedstock requirements.

Low mineral oil prices have hurt the competitiveness of vegetable oil-based biofuel in recent months. Furthermore, the vagaries of US biofuel policies affected feedstock demand domestically and abroad. Less biofuel has been produced for export to the USA in the EU, Singapore and China in recent months. It must be assumed that eroding exports of UCO from China to the USA have partly contributed to the pronounced decline of Chinese palm oil consumption so far this season.

For producers and consumers alike the global markets will again provide great challenges and opportunities this year. To take advantage of them you require the independent and competent information and forecasts we are providing in this unique compendium.

In the 2025 issue of the OIL WORLD ANNUAL we analyse all the important price-making factors and publish our first 2025/26 projections for each of the 10 oilseeds, 17 oils & fats and 12 oilmeals.
The ANNUAL focusses also on demand for vegetable oils and animal fats  as a feedstock for biofuel production and its impact on the total global demand, trade and prices of oils and fats as well as the repercussions on oilseeds and oilmeals. This includes world production of biodiesel (with breakdown by country) as well as biodiesel imports and exports of major countries. More details in the just released OIL WORLD Annual 2025....