Oils & Fats International News
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Pan Ocean to take stake in US PNW Terminal
South Korean trade and logistics company Pan Ocean has bought a 36.25% stake in a US Pacific Northwest (PNW) grain export terminal, Agricensus reported local Korean media as saying on 13 May.
28 May 2020 -
Blue Horizon invests in healthy fats project with Cubiq Foods
Global investor Blue Horizon Ventures (BHV) has joined Moira Capital Partners to help Spanish fats specialist Cubiq Foods accelerate its development of cell-based oils rich in omega 3 fatty acids, the companies announced on 15 May.
28 May 2020 -
Eni to stop using palm oil and PFAD in fuel by 2023
Leading Italian energy company Eni is planning to stop using palm oil and its derivative PFAD by 2023, World Markets reported on 15 May.
27 May 2020 -
Traders say Indian purchases of Malaysian palm oil resume
Indian buyers have resumed purchases of Malaysian palm oil after a four-month gap following a diplomatic row, trade sources told Reuters on 19 May.
26 May 2020 -
Paraná River water levels not likely to improve until next year
The low water levels on the Paraná River which have hit soyabean exports look set to last the rest of the year, according to an expert from Argentina’s National Water Institute (INA) quoted by AgriCensus on 11 May.
25 May 2020 -
Sinograin soyabean purchases signal US-China trade deal is struggling
The purchase by Chinese state-owned agribusiness COFCO and stockpiler Sinograin of hundreds and thousands of US soyabeans could indicate that the country’s trade deal with the USA is starting to struggle, AgriCensus reported on 12 May.
22 May 2020
