The research house explained that the correction in crude palm oil (CPO) prices in May 2024 has resulted in improved price competitiveness in the market vis-à-vis the other vegetable oils.
The world vegetable oil market is closely monitoring the happenings in the Indonesia biofuel market. The Indonesian government had stated it would raise its biofuel blend rate to 40% on ...
Despite positive trends, the ECC “expressed concern over the rising prices of sugar, vegetables, and edible oil, particularly in light of declining prices in the international market”.