Commodity Market

Vegetable Oil Prices in Europe: The Impact of Increased Oilseed Supplies from Ukraine and Australia

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Increased Oilseed Supplies from Ukraine and Australia In the global commodities market, the law of supply and demand invariably holds sway. Recently, a significant surge in the delivery volumes of canola from Australia and sunflower from Ukraine to Europe has precipitated a dramatic drop in vegetable oil prices. According to the Australian Bureau of Statistics, … Read more

Global Soybean Trade: Demand Dynamics Amid South American Supply Boost

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US Soybean Futures Trend Downward Despite significant improvements in sowing rates and burgeoning supplies from Brazil, soybean futures in the United States persist on a downward trajectory. As observed on the Chicago exchange recently, July soybean futures dipped by 0.7% to $515.9/t, marking a 5% reduction for the month. The November futures were also impacted, … Read more