Oils & Fats International News
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Unilever in talks to merge food business with US-based McCormick
Consumer goods giant Unilever is in talks to merge its food business with US-based spice and seasoning company McCormick, according to a report by The Guardian.
24 March 2026 -
EU demand for palm oil continues to decline
Palm oil imports into the European Union (EU) dropped significantly between July 2025 and early March 2026 compared to the same period the previous year, reflecting an overall decline in consumption in the bloc, according to a report by Germany’s Union for the Promotion of Plants and Protein (UFOP).
23 March 2026 -
EU risks losing US soyabean imports under deforestation rules, Washington warns
The European Union (EU) could lose access to key agricultural imports from the USA if its deforestation law is introduced in its current form, according to senior US officials quoted in a Euractiv report.
23 March 2026 -
Philippines pushes for B5 biodiesel blend to cushion impact of higher crude oil prices
A committee under the Philippine Council for Agriculture and Fisheries (PCAF) is pushing for a higher biodiesel blend that could improve vehicle mileage and cushion the impact of surging fuel prices amid the ongoing war in the Middle East, the Philippine Daily Inquirer wrote.
20 March 2026 -
Brazil to negotiate soyabean inspection framework following Chinese complaints, minister says
Brazil’s government will negotiate safety requirements for soyabean exports to China, following changes which led Cargill to cancel its Brazilian shipments to the country, according to a 17 March Reuters report.
20 March 2026 -
Nokian Tyres mixes canola oil into rubber formula for new winter tyre
Finnish tyre developer and manufacturer Nokian Tyres has developed a new winter tyre by mixing pine resin and canola oil into the rubber formula as part of a wider drive to reduce dependence on petroleum oils.
19 March 2026 -
Canada imports record volume of soyabean oil for renewable diesel production
Canadian imports of soyabean oil reached a record volume of 800,000 tonnes in 2025/26, making it the world’s second largest importer of the commodity, according to a US Department of Agriculture (USDA) report.
19 March 2026 -
Petrobras selects Topsoe as technology provider for SAF and renewable diesel
Brazil’s state-run oil company Petrobras has chosen process technology specialist Topsoe as a technical provider for its new sustainable aviation plant (SAF) in Brazil.
18 March 2026 -
Trump administration opens new investigations targeting 16 trading partners – including Mexico and China
The US administration has opened a new set of trade investigations targeting 16 trading partners – including Mexico and China – over alleged unfair trade practices and industrial overcapacity that the White House claims is undermining American manufacturing, according to a FreightWaves report.
18 March 2026 -
Soyabean crushing and oil production remain stagnant in South Korea
South Korean soyabean crushing and oil production remains stagnant, according to a US Department of Agriculture (USDA) report.
17 March 2026 -
FAO Vegetable Oil Price Index in February reaches highest level since June 2022
Global vegetable oil prices rose in February driven by higher prices of palm, soyabean and rapeseed oils, more than offsetting lower sunflower oil quotations, according to the benchmark United Nations’ Food and Agriculture Organization (FAO) Food Price Index (FFPI) released on 6 March.
17 March 2026 -
IOI Corp set to expand into higher-margin palm oil products and expects increased FFB production
Plantation conglomerate IOI Corp is expanding into higher-margin palm oil products, according to a New Straits Times article citing a report by Public Investment Bank (PublicInvest).
16 March 2026 -
Cocoa price slump impacting farmers in Ghana and Ivory Coast
Following a surge in the cost of cocoa in 2024, prices have since slumped, along with cocoa butter prices.
16 March 2026