Palm oil’s widening discount to soyoil to boost fourth quarter demand

Capt. John

Global palm oil purchases are rising this quarter as buyers take advantage of the tropical oil’s widening discount to rival soyoil which should entice price sensitive consumers and boost biofuel usage, according to senior industry officials. The highest discount in a decade would divert demand...

https://www.hellenicshippingnews.com/palm-oils-widening-discount-to-soyoil-to-boost-fourth-quarter-demand/

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