Crude palm oil (CPO) futures extended losses from the previous day on Thursday August 7, as weakness in related oils, caution over higher Malaysia stocks and profit-taking prevailed.

Fastmarkets has corrected its US biodiesel SME and FAME fob New York Harbor and fob US Gulf, which were published incorrectly on Thursday August 7. Fastmarkets has corrected the prices for the following biodiesel assessments: EN-BD-0017 Biodiesel, SME, B100, flat price, fob US Gulf, $/gal was incorrectly published as $4.3388-4.5488 per gallon. This has been corrected […]

Vegoils futures moved in opposite directions on Friday August 1. Crude palm oil (CPO) futures ended the week marginally higher after trading both ways during the day, recovering slightly after steady losses in the previous session on a weaker ringgit. Related vegoil futures were also mixed.

The publication of Fastmarkets’ AG-PLM-0019 refined bleached deodorised (RBD) palm olein, cfr South China assessment for Thursday July 24 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

US vegetable oil trading in the cash market was extraordinarily quiet to start the new week on Monday July 7. The market got off to a slow start as market sources returned to their desks following the passage of “One, Big, Beautiful Bill” on Thursday July 3, with key updates to the 45Z Clean Fuel Production Credit (CFPC).

Soybean futures on the Chicago Mercantile Exchange fell sharply on Monday July 7 on renewed uncertainty over a US-China trade agreement, which market participants expected on July 3.

Vegoils futures traded broadly in positive territory on Wednesday July 1. In Asia, crude palm oil (CPO) futures rose steadily on higher related vegoils, while soyoil futures rallied on the Chicago Mercantile Exchange amid a drop in US stocks and as US biofuels developments were in focus.

This is a sample of Fastmarkets’ weekly recap of the main movements in global cash markets.

Fastmarkets has corrected its daily AG-PLM-0012 refined bleached deodorised (RBD) palm olein, fob Indonesia price assessment, which was published incorrectly on July 7 due to an input error.

The corrections are as follows: AG-BRY-0004 Barley Feed barley FOB Argentina $/mt Incorrect prices: August $119.00 per tonne Corrected to: August $219.00 per tonne Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Ags Grains package. For more information or to provide feedback on this correction notice or […]