Palm Oil Market Outlook: Awaiting a Breakout!

Palm Oil Market Outlook: Awaiting a Breakout!

CPO (Apr ’25) remains in a neutral trend, with no strong directional trades at the moment. However, a breakout above RM 4,450 could trigger a buy opportunity, while the next support stands at RM 4,255. For now, patience is key—waiting for a decisive move above resistance before initiating fresh positions.

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HUNGARY BECOMES THE EU'S TOP SUNFLOWER PRODUCER FOR THE FIRST TIME

HUNGARY BECOMES THE EU'S TOP SUNFLOWER PRODUCER FOR THE FIRST TIME

#Hungary becomes the EU’s top hashtag#sunflower seed producer for the first time The EU Commission slightly lowered its forecast of sunflower seed output in its February estimate for the 2024 oilseed harvest.

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Mexico officially repeals biotech corn imports ban

Mexico officially repeals biotech corn imports ban

MEXICO CITY, MEXICO — Mexico has formally repealed its proposed ban on biotech corn imports stemming from a February 2023 presidential decree that led to a dispute resolution under the United States-Mexico-Canada Agreement (USMCA)

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The Ukrainian sunflower crush in January has dropped by 20-25%, lowest volume since September.

The Ukrainian sunflower crush in January has dropped by 20-25%, lowest volume since September.

The high level sunflower seed prices continue to impact same as weak seed farmer selling , DAP western part crusher SFS at 28,000 UAH per MT . The January sunflower crush represents the smallest output in at least the last five seasons.

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Kerala Budget evokes mixed response from cashew sector

Kerala Budget evokes mixed response from cashew sector

With a total outlay of ₹92.36 crore, budgetary allocations for the crisis-hit cashew centre has evoked mixed response from stakeholders. While the public sector finds the Budget supportive, private processors are highly apprehensive about its provisions.

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Decentralizing food grain logistics – A cooperative way

Decentralizing food grain logistics – A cooperative way

Agri Logistics is essential to optimise the operational and economic efficiency in the supply chain to bring connectivity, transparency, traceability and building safeguards against losses. The supply chain of agricultural products for transportation of agri products from farm to markets needs integration of infrastructure facilities, logistics and coordination amongst several players.

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Decentralising foodgrain logistics – A cooperative way

Decentralising foodgrain logistics – A cooperative way

The logistics chains connecting farms to market have the potential to revolutionise supply chain management.Agri

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Sugar Prices Post Moderate Losses on Dollar Strength

Sugar Prices Post Moderate Losses on Dollar Strength

Despite moderate losses in sugar prices, the article discusses the impact of dollar strength on the market.

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India Sees a Sharp 29% Decline in Cashew Nut Imports, Dropping to $1.3 Billion in 2024

India Sees a Sharp 29% Decline in Cashew Nut Imports, Dropping to $1.3 Billion in 2024

India Cashew Nut Imports In 2024, purchases abroad of cashew nuts decreased by -5.8% to 1.1M tons, falling for the second year in a row after three years of growth. In general, total imports indicated a perceptible increase from 2014 to 2024

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Soybean oil shortage ahead of Ramadan again

Soybean oil shortage ahead of Ramadan again

Soybean oil is one of the most widely used cooking oils worldwide, especially in countries with large Muslim populations where oil consumption increases during Ramadan.

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Mustard Oil Becomes Cheaper Than Palmolin, Know Latest Govt Rates for Other

Mustard Oil Becomes Cheaper Than Palmolin, Know Latest Govt Rates for Other

Market sources said that the minimum support price (MSP) of mustard for the next session is likely to be announced on March 28. Farmers are bringing their crops to the market slowly, hoping for an increase in MSP

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Ending chronic crisis in edible oil market

Ending chronic crisis in edible oil market

The very essential commodity in the kitchen, cooking oil, which always becomes more essential during the holy month of Ramadan, has recently gone out of market for no good reason.

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