• widely used presses pause on palm oil cost
  • widely used presses pause on palm oil cost
  • widely used presses pause on palm oil cost
  • widely used presses pause on palm oil cost
  • Will palm oil prices ease in the coming months?
  • Palm oil prices, which have surged 23% this year, are likely to ease in the coming months, potentially alleviating pressure on industries heavily reliant on the commodity, according to Sandeep Bhan, CEO of SD Guthrie International Trading. He expects the drop in prices to help stimulate demand, which has been weak in recent months.
  • Will a drop in palm oil prices help stimulate demand?
  • He expects the drop in prices to help stimulate demand, which has been weak in recent months. Palm oil prices, he noted, have maintained a record premium of over $100 per metric tonne against soybean oil—a spread not seen in four decades.
  • What are the future trends for the price of palm oil?
  • According to economists at Bloomberg, the future trends for the price of palm oil look like they’ll follow similar trends. Palm oil’s benchmark futures have slumped by 45%. As a result, prices should continue to drop. Unlike many other food shortages around the world, palm oil has seen a boom in production, made worse by Indonesia’s export ban.
  • How has the palm oil market changed in 2024?
  • In 2024, palm oil prices have risen by 10% while soybean oil prices have dropped by about 9% due to improved harvest prospects in countries like the United States. Despite this, no significant structural shifts are expected in the palm oil market soon, given its unique characteristics that make it appealing across various industries.
  • Why do palm oil prices fluctuate?
  • The shift in supply and demand fundamentals, coupled with extreme volatility stemming from geopolitical changes, weather phenomena and changing government policies have also led to severe fluctuations in palm oil prices over the last few years. View our analysis of palm oil price trends
  • Will a stagnating palm-oil push in Indonesia keep cooking oil high?
  • Stagnating palm-oil production and a biodiesel push in Indonesia could keep the price of cooking oil high for years. Benchmark 10-year U.S. Treasury yields registered their biggest weekly rise in more than two decades on Friday, while the dollar fell, in a turbulent week marked by the trade war and a loss of appetite for some U.S. assets.