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The FAO vegetable oil price index climbed about 40 points since June 2019 to 165 by year-end, rising 9.4% between November and December. The rise was driven mainly by palm oil, with soybean, sunflower and rapeseed oil also firmer on smaller crush volumes.
Smaller oilseed crush volumes reduce meal output, tightening protein supply for feed, while firm vegetable oil prices and biodiesel-driven palm demand support the broader oil complex.
renewable-carbon.euJan 24, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
