Crude palm oil (CPO) futures in Asia fell on a stronger ringgit and profit-taking, despite modest increases in related vegoil futures and steady growth in exports.

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.

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.

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.

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.

Discover the key insights, forecasts, and industry dynamics shaping the future of aviation fuel and learn how these mandates will impact the global landscape.

The loss of information inputs from North and South America because of national holidays took some of the direction out of the market on Thursday June 19, but there remained ample scope for activity in most other regions.

Fastmarkets launches a soap stock acid oil (SSAO) price assessment in Europe’s biggest trading hub – Amsterdam, Rotterdam, Antwerp (ARA), aiming to increase transparency in the biofuel feedstocks market, particularly in the niche advanced feedstocks category.