WEEKLY August 17

    Record Import Demand Expected in 2018/19

    Repercussions of escalating trade conflicts and adverse weather conditions in key exporting countries, predominantly Canada and Australia, are setting the stage for a volatile marketing year 2018/19. While the expected increase in Chinese import demand of rapeseed & canola, to at least partly compensate the prospective shortage in soybean arrivals in Oct/Jan 2018/19, and recovering EU requirements will dominate the demand side, world export supplies may be curbed by...


    FLASH Aug 14

    Vegoil Imports Keep Falling

    Low palm oil imports in July were yet another confirmation for the significant slowdown of the Indian vegetable oil consumption growth in recent months. Cumulative palm oil imports plunged by 0.9 Mn T in April/July and the market share of soft oils increased...


    WEEKLY August 10

    Exports Up Sharply

    Monthly exports of biodiesel from Argentina, Indonesia and Malaysia rocketed to a record 0.57 Mn T in June and their cumulative shipments were boosted by 74% to 1.7 Mn T in Jan/June 2018...


    WEEKLY August 10

    Attractive Prices Seen Boosting Demand

    Recovering production is showing up in rising exports of copra meal from Indonesia and the Philippines. Combined exports from the two countries increased by almost 50% from the low year-ago in Jan/June 2018...The uptrend of demand from China, South Korea and Vietnam is also promoted by the improved price competitiveness of copra meal...

  • C.I.S.

    WEEKLY August 3

    Higher Than Expected Rapeseed Crop

    Higher than expected production in Ukraine and Russia this year will raise rapeseed crushings and exports above earlier forecasts in 2018/19. We now consider it likely that the two CIS countries combined will harvest 4.5 Mn T of rapeseed this year. Combined rapeseed exports from Ukraine and Russia are likely to be boosted to a new high of 2.8 Mn T in 2018/19. In the Aug 3 weekly report we provide our first tentative estimates of shipments by destination...


    WEEKLY August 3

    China Has To Resume US Soybean Purchases

    The South American supply shortage will make it necessary for China, in our opinion, to import 15.0 Mn T of US soybeans in Oct/March 2018/19, even if the current trade war is not resolved. This already implies a sizeable reduction in Chinese soybean crushings and soya meal consumption even if stocks of soybeans and soya meal are reduced and even if imports of soybean meal, other oilmeals and of rapeseed and canola are increased...


    WEEKLY August 3

    Will There Be a Solution After All?

    In soybeans both China and the USA depend on each other. China will continue to depend on US soybeans to fully satisfy its protein requirements. The USA will continue to depend on China as its major customer and the US industry cannot flourish and expand without Chinese purchases...

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

    • 534 S
    • Aug 16
    • Crude Palm Oil, fob Indo
    • 903 S/O
    • Aug 16
    • Coconut oil, cif Rotterdam
    • 852 N/Ja
    • Aug 16
    • Rape oil, Dutch, fob ex-mill
    • 404 Ag
    • Aug 16
    • Soya Meal, Arg, cif Rotterdam