ARTICALS 3 #palm oil

Cooking oil prices in Pakistan’s retail market have hit a 15-month high. The surge comes on the back of rising palm oil import costs, which have pushed domestic prices higher.

India's edible oil imports in February saw a dramatic drop, reaching their lowest level in four years, as imports of soyoil and sunflower oil plummeted.

Output stalls as #biodiesel demand surgesKey points:Palm oil production growth plummets to 1% from 7%#Indonesia boosts biodiesel consumption, curbs exportsPalm oil prices surge past #soyoil amid tight suppliesBiofuel demand to drive up #vegoil prices