Oils & Fats International News
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China to review sale of Panama Canal shipping terminals to US investor
Chinese regulators will review the sale of Panama Canal shipping terminals to a consortium led by US investor Black Rock, according to a FreightWaves report.
03 April 2025 -
EU palm oil imports drop
The European Union (EU) imported significantly less palm oil between July 2024 and early March 2025 than in the same period the previous year, according to EU Commission (EC) data reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).
02 April 2025 -
G3 Canada to build new grain terminal facility in Quebec
Canadian grain company G3 Canada has announced plans to build a new grain terminal facility at the Port of Trois-Rivières, Quebec.
02 April 2025 -
Argentina’s oilseed sector faces mixed outlook in 2024/25
The Argentine oilseed sector faces a mixed outlook in 2024/25, according to a US Department of Agriculture (USDA) report.
01 April 2025 -
Indian government to approve purchase of 6M tonnes of oilseeds under price support scheme
The Indian government has announced plans to approve the purchase of 6M tonnes of oilseeds under its price support scheme (PSS) in key growing states in the 2024/25 season, Financial Express reported.
01 April 2025 -
Canada files WTO trade action against Chinese tariffs
The Canadian government has filed a dispute against China at the World Trade Organization (WTO) over Beijing’s move to impose additional import duties on its agricultural and fishery products.
31 March 2025 -
Georgia jury orders Bayer to pay US$21bn in Roundup verdict
A jury in the US state of Georgia has ordered German chemical giant Bayer to pay US$2.1bn to a plaintiff who claimed its Roundup weedkiller caused his cancer.
31 March 2025 -
UK initiates anti-dumping, countervailing investigations into US renewable diesel imports
The UK Trade Remedies Authority (TRA) has initiated anti-dumping and countervailing investigations into imports of hydrotreated vegetable oil (HVO) from the USA.
28 March 2025 -
Agricultural groups oppose US proposal to levy large fines on Chinese-made ships
US grain and oilseed groups have raised concerns about the US government’s proposal to introduce large fines and restrictions on traders using Chinese-made ships, World Grain reported.
28 March 2025 -
Vopak Horizon Fujairah completes bio-bunkering supply operations in the UAE
Storage and handling service provider Vopak Horizon Fujairah has successfully completed its first certified bio-bunkering operations in the United Arab Emirates (UAE), Biofuels International wrote.
27 March 2025 -
Smallest global sunflowerseed harvest in four years
Global sunflowerseed production in the 2024/25 crop year is forecast to be at its lowest level in four years, according to International Grains Council (IGC) data reported by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).
27 March 2025 -
Russia and Ukraine agree Black Sea ceasefire conditional on sanctions relief on Russian agricultural exports
Russia and Ukraine have agreed to a ceasefire in the Black Sea in separate deals with the USA after three days of peace talks in Saudi Arabia, the BBC reported.
26 March 2025 -
World’s largest olive oil bottler reports €54.5M loss for 2024
Leading global olive oil bottler Deoleo reported a €54.5M (US$59.1M) loss in 2024 despite a 19% increase in sales revenue to €996M (US$1.08bn) mainly due to ongoing legal issues, Olive Oil Times wrote.
26 March 2025