May’s recovery in vegetable oil prices, so far, contrasts with continued declines in crude oil, an important influence on prices of vegetable oils, which are used largely in making biodiesel. It also runs against the trend of 2023 which has seen prices of the likes of rapeseed oil and soyoil underperform those of Brent crude.
Tags: Global Oilseeds, Meals, palm, Soybeans, sunflowers, Weekly Opinions
Categories: Analysis, Grain, Oilseeds, OSR, Weather Insights
Categories: Analysis, Grain, Oilseeds, OSR, Weather Insights