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Make sense of India’s dynamic vegetable oils market with our daily Fastmarkets newsletter. As the world’s largest importer of edible oils, India’s market is a critical driver of global trade. From shifting import duties to evolving consumer demand, staying informed is essential for your business.
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Basis indications for US interior and Gulf crude-degummed soybean oil were unchanged day on day but firmer week on week during the Monday, February 24 session. The basis on nearby Gulf crude-degummed soybean oil was assessed at a premium of 200-400 basis points per lb to March soybean oil futures on the Chicago Mercantile Exchange, […]
Prices for premium-grade tallow increased on Friday, February 14, with ten railcars of technical tallow trading at 56 cents per lb Chicago and ten railcars of edible tallow at 57.5 cents per lb, closing the week on a firm note. Lard also gained, with one railcar trading higher at 52 cents per lb Chicago. This […]
US processors crush a new all-time record high of 218 million bushels of soybeans
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