Canola oil, basis, RBD, fob Los Angeles, US cents/lb

The palm oil market is at a crossroads. As global demand for food, fuel, and other essentials grows, production struggles to keep pace. For years, Indonesia has driven the expansion of palm oil supply, but its recovery is now met by adverse land policy exacerbated by stagnation in Malaysia’s oil palm planted area and declining […]

Fastmarkets proposes to discontinue the following duplicate prices, which were previously assessed on a US timestamp and also assessed in Asia, to better reflect observed market liquidity and based on previously received market feedback. Fastmarkets assessed these markets in both the US and Asia following the acquisition and merger of The Jacobson and Palm Oil […]

Fastmarkets has proposed several changes to the methodologies for its suite of global palm and lauric oil methodologies to give more insight into how these prices are assessed. It is also clarifying the timing and monthly rolls of several assessments. Fastmarkets has observed growth and market interest in these prices and wishes to give more […]