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Friday 10 March 2017 WEEKLY March 10 (click for key items)      

Highlights of This Issue

The following are the headlines of the respective OIL WORLD WEEKLY/MONTHLY

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  • We expect somewhat higher palm oil prices in the next few weeks because of tight supplies and the prospective recovery of world imports. From May or June onward we should see some price pressure...
  • Soybean yields are likely to reach at least 2.8 T/ha worldwide in 2016/17, more than 10% above average. Brazilian crop keeps growing to about 107-108 Mn T or even more...
  • South American soybean exports fell partly short of expectations in Jan/Feb 2017 but still showed a significant growth of 1.9 Mn T or 46% from last year...
  • Sharp increase in canola oil leading to further uptrend of US net imports of oils & fats to 0.63 Mn T in Oct/Jan 2016/17...
  • Ukrainian sunflower oil exports to India almost doubled to 0.39 Mn T in Jan/Feb 2017...
  • Indian soya meal exports recovered to 2-year high in February. Declining domestic soybean prices helped regain competitiveness...

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