ARTICALS 4 #PALM OIL - AGRI FOOD UPDATE

INDONESIA HANDS OVER CONFISCATED PALM OIL

Agrinas Key points: ⚡Over 221,000 hectares of plantations in corruption probe ⚡World's top producer aiming to clean up palm oil's image ⚡Defence minister heading task force on illegal plantations

📰 During the week, #palm and #soybean oil prices fell by 2.9% and 5.4%, respectively, which increased pressure on #sunflower #oil and sunflower prices in #Ukraine.

After two days of gains, Malaysian palm oil futures fell on expectations of a recovery in production and a reduction in exports, as well as under pressure from lower prices for competing oils.