OIL WORLD

Tuesday Oct 15

The following are the headlines of the respective FLASH report.

The full report (3-4 pages) is available either on a subscription basis (by e-mail) or can be purchased and downloaded individually.

• Price pressure stemmed from confirmation of a bumper US crop and improving rainfall in South America...

• Malaysian palm oil exports to countries in Asia and Africa increased sharply in the past 12 months...

• Strong US import demand kept world exports of tallow sharply above the year-ago level in July/Sept 2024...

• UNITED ARAB EMIRATES: Imports of rapeseed & canola increased sharply to an estimated 0.34 Mn T in July/Sept 2024, virtually doubling on the year...

Thursday Oct 10

The following are the headlines of the respective FLASH report.

The full report (3-4 pages) is available either on a subscription basis (by e-mail) or can be purchased and downloaded individually.

• Arrival of rainfall in South America has been the catalyst for the decline in soybean prices in the futures and cash markets worldwide during the week in review.... A closer analysis, however, points to several trouble spots with still significant soil moisture deficits primarily in central and northern Brazil as well as in parts of Argentina...

• Argentine imports of soybeans exceeded expectations at about 650-700 Thd T in September, most of which from Paraguay...

• Malaysia boosted palm oil exports by 1.0 Mn T from a year earlier to 4.77 Mn T in July/Sept 2024, thereby raising its share of world exports to at least 36% from 27% both one and two years earlier....

• Smaller shipments to China curbed world exports of soybeans to an 8-month low in September.....

• This year's Ukrianian production shortfall will reduce sunflowerseed disposals in 2024/25. September export data in the FLASH...

Wednesday Oct 9

The following are the headlines of the respective FLASH report.

The full report (3-4 pages) is available either on a subscription basis (by e-mail) or can be purchased and downloaded individually.

• Soybean futures declined on the CBOT in response to beneficial rains received in many parts of South America....

• In 2024/25 the discrepancy between ambitious national biofuel targets and tightening feedstock supplies is seen widening. This dilemma can probably be solved only by a proactive downward adjustment of admixture mandates and/or an underfulfillment of them via market forces...

• US imports of 17 oils & fats declined to a 14-month low in August, curbed by the slowdown in domestic demand and weakness in US vegetable oil prices....

• In several parts of Ukraine and Russia plantings of winter grains and rapeseed have been delayed by dryness and comparatively high temperatures....