FLASH Aug 12

    Biodiesel Exports Curbed by COVID-19

    Total exports of biodiesel from major countries plunged by almost 0.9 Mn T in April/June 2020 as a result of demand losses owing to COVID-19. Together with the deteriorated price competitiveness versus fossil fuel, this brought shipments from Argentina and Indonesia temporarily to a standstill. Shrinking exports from Indonesia and Malaysia reflected mainly fading demand for palm methyl ester from China and Europe.....


    FLASH Aug 11

    Malaysian Production to Decline in July/Dec 2020

    Booming exports and a slowdown of production reportedly reduced Malaysian palm oil stocks to 1.7 Mn T as of end-July, a three-year low and  down 0.2 Mn T or 11% on the month....

    The still partly severe labour shortage on Malaysian plantations – predominantly foreign/migrant workers – is expected to keep palm oil production below potential also in Aug/Oct 2020 (usually the peak production period, based on an analysis of the past 10 years). We consider it likely that Malaysian palm oil production already peaked in June and expect a decline in July/Dec 2020....


    WEEKLY Aug 7

    Pronounced Recovery of Vegetable Oil Exports

    The trade volumes of vegetable oils increased sharply in recent months from the unusually low levels in Jan/March. The magnitude of the uptrend in demand has caused a steep increase in prices in recent months, primarily of soya oil and palm oil...

    World exports of the four major vegetable oils increased sharply by 12% to 7.4 Mn T in June. The uptrend of the trade volumes was somewhat surprising in view of partly substantial consumption losses during the lockdowns in many countries. While the effects of the pandemic are partly still severe, restrictions have been loosened and this has revived vegetable oil demand primarily from the restaurant sector. In addition, pent-up demand had been created by the partly severe decline of vegetable oil stocks in importing countries....


    Weekly Aug 7

    Declining Palm Oil Output

    Indonesian palm oil production will probably decline by at least 1.0 Mn T in calendar year 2020 from the 44 Mn T produced last year. This already assumes a recovery in the second half of the year. In Jan/June 2020 production of palm oil as well as of palmkernels fell short of expectations. 7 publicly listed plantation companies  reported a quite significant year-on- year decline of 6% in palm oil production in Jan/June...


    Weekly July 31

    Production Moving Eastward

    Rising importance of the Chinese market will help shift linseed production in the former Soviet Union republics further east in 2020/21.

    This is expected to limit linseed supplies available for European crushers, possibly raising import demand for Canadian flaxseed from the EU. Canada is likely to continue to lose market share in China to suppliers from Russia and Kazakhstan. While this year's linseed harvesting in the former Soviet Union republics has not yet begun, local market participants are already claiming that there will be only limited price pressure...


    June 2020

    Order Your OIL WORLD ANNUAL 2020 Now!

    The OIL WORLD ANNUAL is a unique encyclopedia of world forecasts and statistics for all major oilseeds, oils and fats as well as oilmeals. On more than 700 pages this comprehensive yearbook contains profound textual analyses, statistics and graphs for the latest five calendar years as well as for five Oct/Sept seasons. The ANNUAL also provides our first global supply and demand projections for oilseeds, oils/fats and oilmeals for the season 2020/21.

    In a special price section the reader is informed about monthly and annual world market prices and price relationships of the individual oilseeds, oils and oilmeals. The major price-making factors are analysed and on this basis an assessment is given for the price prospects of the key commodities on the world market.



    FLASH July 29

    Rapeseed Exports Set to Decline Sizeably in 2020/21

    A further expansion of sunflowerseed production is likely to keep Ukrainian oilseed crushings as well as export supplies of vegetable oils and oilmeals on an uptrend in the upcoming 2020/21 season. At the same time, the sizable reduction of the rapeseed crop and the setback in soybeans are expected to bring oilseed exports to a multi-year low....

world price logo --- World Market Prices in US-$/T ---

    • 938 S/O
    • Aug 6
    • Rape oil, Dutch, fob ex-mill
    • 332 S
    • Aug 6
    • Soya Meal, fob Arg
    • 700 Ag
    • Aug 6
    • Crude Palm Oil, fob Indo
    • 378 Ag
    • Aug 6
    • Soybeans U.S., cif Rotterdam