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India`s Palm Oil Imports Surge 60% in October Festive Demand by Amit Gupta, Kedia Advisory India’s palm oil imports soared 60% month-on-month in October to 845,682 metric tons, driven by festive demand and replenished stocks, the Solvent Extractors' Association (SEA) reported. This rise could pressure global palm oil stocks in Indonesia and Malaysia. Meanwhile, soyoil imports dropped 11%, and sunflower oil imports rose 56.5%. Total vegetable oil imports for the 2023-24 year fell 3% to 16.2 million tons due to improved domestic production and reduced demand from higher pri...
India`s Palm Oil Imports Surge 60% in October Festive Demand by Amit Gupta, Kedia Advisory
India`s Palm Oil Imports Surge 60% in October Festive Demand by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-13 06:09:28 pm
Market Shifts: Palm Oil, Cotton, Corn, and More Face New Challenges By Amit Gupta, Kedia Advisory The agro-commodity market has seen significant developments across key crops. Palm oil retreated from a two-year high due to profit-taking and increased export duties in Malaysia. U.S. cotton futures fell below 70 cents amid demand concerns and a stronger dollar. Corn and soybean prices hover near monthly highs due to reduced U.S. yield estimates and robust supply expectations. Sugar futures hit a seven-week low with surplus production in Brazil, while lumber eased from a six-month high amid ...
Market Shifts: Palm Oil, Cotton, Corn, and More Face New Challenges By Amit Gupta, Kedia Advisory
Market Shifts: Palm Oil, Cotton, Corn, and More Face New Challenges By Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-12 05:40:11 pm
India`s July Palm Oil Imports Hit 11-Month High Amid Festive Demand Surge, Supporting Global Price Stability by Amit Gupta, Kedia Advisory India's palm oil imports surged in July, reaching 1.1 million metric tons, the highest level in nearly a year, driven by increased demand ahead of the festive season. This 37% rise from June, along with a 42% jump in soyoil imports, supported global prices and reduced inventories in key producing countries like Indonesia and Malaysia. Despite the overall increase, sunflower oil imports dropped by 21.3%, reflecting shifting market preferences. The total vegetable oil imports for July hit 1...
India`s July Palm Oil Imports Hit 11-Month High Amid Festive Demand Surge, Supporting Global Price Stability by Amit Gupta, Kedia Advisory
India`s July Palm Oil Imports Hit 11-Month High Amid Festive Demand Surge, Supporting Global Price Stability by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-08-14 03:14:32 pm
India`s Palm Oil Substitution Sparks Surge in Sunoil Imports, Reshaping Global Markets Amit Gupta, Kedia Advisory India's palm oil imports plummeted to a 10-month low in March as refiners opted for sunoil due to soaring prices, propelling sunflower oil imports to near-record levels. With palm oil futures potentially capped and sunflower oil inventories in the Black Sea region set to decline, the shift in imports signifies a significant market reconfiguration. Highlights March Palm Oil Imports Hit 10-Month Low: India's palm oil imports in March dropped to their lowest level in 10 months. ...
India`s Palm Oil Substitution Sparks Surge in Sunoil Imports, Reshaping Global Markets Amit Gupta, Kedia Advisory
India`s Palm Oil Substitution Sparks Surge in Sunoil Imports, Reshaping Global Markets Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-04-12 01:56:34 pm
India's Palm Oil Substitution Sparks Surge in Sunoil Imports, Reshaping Global Markets by Amit Gupta, Kedia Advisory India's palm oil imports plummeted to a 10-month low in March as refiners opted for sunoil due to soaring prices, propelling sunflower oil imports to near-record levels. With palm oil futures potentially capped and sunflower oil inventories in the Black Sea region set to decline, the shift in imports signifies a significant market reconfiguration.   Highlights March Palm Oil Imports Hit 10-Month Low: India's palm oil imports in March dropped to their lowest level in 10 m...
India's Palm Oil Substitution Sparks Surge in Sunoil Imports, Reshaping Global Markets by Amit Gupta, Kedia Advisory
India's Palm Oil Substitution Sparks Surge in Sunoil Imports, Reshaping Global Markets by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-04-11 03:58:15 pm
Top buyer India`s November palm oil imports jump to 3-month high  India's palm oil imports in November jumped nearly 23% from the previous month to hit their highest in three months as refiners preferred the tropical oil over rival soyoil and sunflower oil due to steep discounts, a leading trade body said on Friday. Higher purchases by the world's biggest importer of vegetable oils could help lower palm oil stocks in top producers Indonesia and Malaysia and support benchmark futures. India's palm oil imports in November rose 22.8% fr...
Top buyer India`s November palm oil imports jump to 3-month high
Top buyer India`s November palm oil imports jump to 3-month high
Source: Reuters
2023-12-15 01:57:52 pm
India`s palm oil, sunoil imports rise to record highs; soyoil drops India's imports of palm oil and sunflower oil in 2022/23 surged by 24% and 54%, respectively, to record highs on a rebound in consumption and as both oils were available at a steep discount compared to rival soyoil, a leading trade body said on Monday. Higher purchases by the world's biggest importer of vegetable oils could help to lower palm oil stocks in Indonesia and Malaysia and support benchmark futures. The buying could reduce inventories in sunflower oil-producing Black Sea ...
India`s palm oil, sunoil imports rise to record highs; soyoil drops
India`s palm oil, sunoil imports rise to record highs; soyoil drops
Source: Reuters
2023-11-13 03:09:10 pm