In one year, the prices of the C8/10 have more than tripled as a result of the global pandemic, the freight crisis and the lack of availability of commodities. Oleoline publishes and follows the evolution of prices for more than 20 years in the oleochemical report...
Fatty acid and fatty alcohol plants have thrived on good demand of surfactants required by essential cleaning industries, notably for personal hygiene, laundry, care homes, food producers… At the same time, Covid restrictions have impacted the supply chain, from...
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade lower next week on expected profit-taking. An industry expert said the switch in the benchmark month from January 2022 to February 2022 would also weigh down on the CPO futures...
UCO is well available while several biodiesel plants encounter production issues due to shortage of sodium methylate in Europe. Moreover, as winter is coming, and UCO is solidifying at +5°C, needs of UCO should decrease particularly in Northern part of Europe, and so...
Most of the South-East Asian refined glycerine producers are sold out until the end of the year and do not have sufficient visibility on both biodiesel and oleochemicals’ sales to be able to offer for Q1/2022. Current CPO prices at above USD 1300 pmt FOB...
Several soybean crushing plants in China have been shut down as the government curbs energy consumption in a bid to meet stringent emission targets. The provinces of Jiangsu and Tianjin were particularly hit as provincial governments curtailed electricity supply. A...
It has reached EUR 1540 pmt FOB ARA for November contract. Meanwhile, the price of rapeseed on Euronext for November delivery is EUR 676 pmt. The reason behind this strong rise in price could be explained by the drop in rapeseed harvest/stocks and strong demand...
An unprecedented crisis requiring urgent action, large new capacities of biofuel production coming onstream while feedstock prices are increasing spectacularly, politicians forced to review biofuel mandates to reduce costs and avoid social unrest. The parallels...
India's palm oil imports fell 24 per cent to 5,87,467 tonne in June over the previous month of this year due to higher stock in the domestic market, industry body Solvent Extractors Association (SEA) said on Tuesday. The SEA expressed concern that the recent cut in...
Cargill is planning to build a new palm oil refinery in Indonesia, the company announced on 3 June. Construction of the new US$200M facility in Lampung has begun and is due for completion late next year, according to the company. Palm oil from the new refinery would...