Oils & Fats International News
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China raises estimates for soyabean imports and edible oil production
China has increased its estimates for the country’s imports of soyabean imports and production of edible oil, according to the monthly update of its China Agriculture Supply and Demand Estimates (Casde) reported by AgriCensus.
20 September 2023 -
Gunvor partners with Varo Energy in SAF manufacturing in Rotterdam
Global energy commodities trader Gunvor Group has formed a partnership with European energy company Varo Energy to produce sustainable aviation fuel (SAF) in Rotterdam, the Netherlands.
19 September 2023 -
FAO Vegetable Oil Price Index falls 3.1% in August
The Vegetable Oil Price Index dropped by 3.1% in August compared to the previous month after a short-lived increase in July, according to the benchmark United Nations’ Food and Agriculture Organization (FAO) Food Price Index.
19 September 2023 -
Ukraine acts on ‘compromise’ plan after filing WTO trade complaint over food import ban
Ukraine has appealed to three neighbouring countries in the European Union (EU) to enter “constructive dialogue” to end a dispute over agricultural trade, and approved what it called a “compromise scenario”, Reuters reported.
19 September 2023 -
MP Evans acquires over 8,000ha of oil palm plantations in Indonesia
London-listed palm oil producer MP Evans has acquired 8,350ha of oil palm plantations in Indonesia from PT Agro Bumi Kaltim (ABK) and PT Nusantara Agro Sentosa (NAS) for US$60M.
18 September 2023 -
Mixed results for Australian olive oil producers
Olive oil producers across Australia reported mixed results from this year’s harvest, Olive Oil Times reported.
18 September 2023 -
El Niño may lower Indian soyabean and rapeseed production in 2023/24
The effects of El Niño weather patterns could lower Indian soyabean and rapeseed production in 2023/24, according to a report by the United States Department of Agriculture (USDA).
18 September 2023 -
Slowdown in SAF deals due to feedstock concerns
The pace of sustainable aviation (SAF) deals has slowed down this year due to feedstock concerns, S&P Global wrote.
15 September 2023 -
Minimal typhoon impact on soyabean production in China
Heavy rainfall during two typhoons in China in late July and early August had a limited effect on key soyabean producing regions and minimal impact on estimated production, according to a report by the United States Department of Agriculture (USDA).
15 September 2023 -
High quality snacking beneficial for overall health
New research has explored the link between snacking habits and cardio-metabolic health, with evidence showing that high quality snacks could be beneficial for overall health, even for frequent snackers, Olive Oil Times wrote.
14 September 2023 -
Bayer partners with Pairwise to develop short-stature corn
German chemical giant Bayer has teamed up with gene-editing company Pairwise to develop short-stature corn.
14 September 2023 -
US renewable diesel and other biofuels production reaches 3bn gallons/year
Renewable diesel and production of other biofuels in the USA totalled 3bn gallons (11.35bn litres)/year, according to latest data published by the US Energy Information Administration (EIA).
13 September 2023 -
Export-orientated HVO plants increase in China
The number of hydrotreated vegetable oil (HVO) plants in China has increased in the last two years, according to a report by the United States Department of Agriculture (USDA).
13 September 2023