Crude palm oil (CPO) futures in Malaysia rebounded from their three-day decline to close higher on Thursday, following short-covering activities and a modest recovery in crude oil and related oils after a sharp sell-off the previous day. The spike in crude prices also underpinned Chicago soy oil futures, although the market posed only modest gains.

Vegoils futures traded largely higher on Monday March 30. Crude palm oil (CPO) surged, supported by a combination of bullish external cues and solid fundamentals. Meanwhile, soyoil futures climbed on the Chicago Mercantile Exchange mainly supported by stronger energy prices and by a bullish sentiment on new US renewable fuels targets announced on Friday March 27.

The biofuels market is transitioning from rapid growth to a focus on margin optimization, carbon intensity differentiation, and regulatory compliance, driven by low-carbon policies in the US and EU that are reshaping feedstock demand, trade flows, and pricing dynamics.

Crude palm oil (CPO) and soyoil futures on the Chicago Mercantile Exchange (CME) extended gains on Thursday March 12, as it continued to track strength in related vegoils and energy markets. The highs in CPO reached earlier in the day eased off by the day’s close.

Soybean oil prices rose to 67.3 cents, driven by Middle East disruptions and strong biofuel margins. Fastmarkets predicts continued price strength amid geopolitical risks.

After an extended consultation period, Fastmarkets has decided to amend its AG-SYB-0032 Soyoil cfr India $/mt and AG-SSD-0001 Sunoil cif India $/mt assessments.

Indian vegetable oil buyers are awaiting further details of a recently announced India-US trade deal, in which India is expected to reduce tariffs on certain US goods, including imports of soybean oil.

The consultation, which was originally open until February 6, sought to address growing market interest in these prices, to give more visibility into the price formation process and to more closely align these assessments with observed trading patterns. Specifically, Fastmarkets is seeking further feedback on: Extended consultation periodThe extended consultation period for these proposed changes starts […]

Crude palm oil (CPO) futures rebounded from three days of losses to recover to its highest in three weeks on Friday January 16, spurred by gains across the broader vegoil complex and pre-weekend positioning while further indications of a slowing pace of production also lent support.

Fastmarkets has corrected its AG-SYB-0032 Soyoil CFR India $/mt price, which was published incorrectly for M2 and M3 on November 18, 21 and 25, for M1, M2, M3 and M4 on November 26, and for M1, M2 and M3 on November 27 and 28 and December 1 due to a procedural lapse. The corresponding actual prices were also published incorrectly as well.