The mustard futures are expected to get a boost from the news that China allowed meal imports from India. However, strict quality parameters, export guidelines and registration formalities have dampened exports in the near term. Moreover, […]
Indian soybeans association urges government not to reduce palm oil duties
The Soybeans Processors Association of India sent a letter to the Indian ministry of Commerce and Industry on Wednesday, which was released late Thursday, urging the government not to reduce the duty on crude palm oil […]
USDA slashes 2018-19 global oilseeds output view to 599.6 mln ton
The US Department of Agriculture has slashed its estimate for global oilseeds production in 2018-19 to 599.6 mln tn, lower by 4.4 mln tn from its previous forecast, the agency said in its November report. The world oilseed crop is […]
India Edible Oil:MCX CPO at year’s low on global cues; soy, mustard down
NEW DELHI – Futures contracts of all edible oils and oilseeds on domestic exchanges fell today tracking weakness in overseas markets, and due to a stronger rupee against the dollar, analysts said. The front-month November crude palm […]
Soybean inventories pile up amid US-China trade battle
Soybean shipments to China dropped sharply in mid-October from a year earlier and are expected to continue falling. China placed a 25% tariff on US soybeans to retaliate against the Trump administration. Watch soybeans trade live. As […]