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Prices for several imported crude and refined vegetable oils in Egypt rose sharply between early July and early November, with soybean oil up about 34–35% and refined sunflower oil reaching $1,852 per tonne. Higher foreign-exchange, shipping and insurance costs, along with disruption to Black Sea shipping routes, contributed to the increases; consumer prices for packaged oils and margarine also rose by as much as 18%.
Egypt imports 95–98% of its annual vegetable-oil needs.
Import dependence exposes Egyptian buyers to currency depreciation, freight costs and global oilseed-product prices, raising local feed and food-industry input costs. The report signals upward price pressure for imported soybean, palm and sunflower oils in Egypt.
alarabiya.netNov 9, 2026After 85 past bullish logistics events, Soybean Oil moved a median +0.7% over 5 sessions (64% higher; middle half -1.3% to +2.7%), and +3.1% over 20.
After 15 past bullish logistics events, Palm Oil moved a median -0.1% over 5 sessions (47% higher; middle half -2.4% to +3.9%), and +0.5% over 20.
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.
