Toyota Tsusho launches Japan’s first continuous supply of biofuel for ships on a commercial basis

Toyota Tsusho launches Japan’s first continuous supply of biofuel for ships on a commercial basis

30th May, 2023

Japanese infrastructure and industrial development company Toyota Tsusho has launched the country’s first continuous supply of biofuel for ships on a commercial basis.

UK rapeseed production forecast to rise

UK rapeseed production forecast to rise

30th May, 2023

Rapeseed production in the UK is forecast to increase in the 2022/23 marketing year, buffering it from reliance on imports of oilseed, meal and oil, according to a report by the United States Department of Agriculture (USDA).

Chinese resort island at centre of alleged green fuel fraud

Chinese resort island at centre of alleged green fuel fraud

30th May, 2023

The Chinese resort island of Hainan has allegedly been at the centre of a green fuel fraud, Bloomberg reported.

Latest issue: May 2023

May 2023

Our May 2023 issue gives market snapshots of both Ukraine and Russia – including sunflowerseed and oil production and exports – against the backdrop of the ongoing conflict between the two countries.

We also report on the latest price and outlook views from the Palm & Lauric Oils Price Outlook Conference & Exhibition (POC2023) in Malaysia.

In addition, with the sunflower lecithin sector thrown into disarray due to Russia’s invasion of Ukraine, we examine how margarine manufacturers are looking for affordable emulsifier alternatives.

OFI’s regular mix of news and statistics also feature in this issue.