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Global vegetable oil prices expected to rise due to tighter supply
Published:
English editorial record · renofaro
Key points
- Global vegetable oil prices are expected to rise through 2027 due to tighter supply, according to Oil World CEO Thomas Mielke.
- Black Sea sunflower oil shipments are 300,000-350,000 tonnes below potential, while South American soybean oil exports are declining, impacting biodiesel demand.
Summary
Global vegetable oil prices are expected to rise through 2027 due to tighter supply, according to Oil World CEO Thomas Mielke. Black Sea sunflower oil shipments are 300,000-350,000 tonnes below potential, while South American soybean oil exports are declining, impacting biodiesel demand.
Original source title
Preços globais de óleos vegetais devem subir devido à oferta mais restrita
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