The Impact of Falling Vegetable Oil Prices on Egypt’s GASC Purchasing Strategy

As global markets continue to adjust to changing conditions, the dynamics of vegetable oil prices have seen significant fluctuations. Recently, Egypt’s GASC (General Authority for Supply Commodities) has taken advantage of these shifts, securing sunflower and soybean oil at substantially reduced prices compared to just a few months ago. GASC’s Tender for Vegetable Oils Earlier … Read more

Soybean and Palm Oil Prices Climb Amid Falling Oil Prices and Shifting Demand

Soybean and palm oil prices have continued to rise, despite lower oil prices, as traders anticipate increased imports by China and India. In the context of the US Fed’s interest rate increase to 5-5.25% and an expected recession in the US economy, traders have turned to agricultural assets as a more attractive investment. This article … Read more