Special Report: Dubai GLOBOIL keynotes:

*VegOils highly Volatile past 18mth on Weather/Geo-Politics*Indonesia PalmOil Export surplus shrinking on higher use in Food/Energy *Sh Pradip Chaudhry say:-VegOils now at 5yr low/No big addition likly in 2024 Yr supplies-No reason for Prices to drift lower now *Sandip Bhan briefs:-Palmoil to trade now on own Fundamentals-Malasia CPO supply very short-CPO shortage to keep KLC …

Vegoils commentary: Asian vegoils fall, CME soyoil plummets to three-year low Malaysian crude palm oil (CPO) futures tumbled on Thursday May 9 due to dives across the vegetable oil complex and lukewarm demand. The most-active CPO futures contract for July delivery on the Bursa Malaysia exchange fell by 1% to 3,830 ringgit ($808) per tonne …

Egypt’s GASC buys 29,000 tonnes of soyoil, 73,000 tonnes of sunoil at tender Egypt’s state-owned General Authority for Supply Commodities (GASC) has bought more than 100,000 tonnes of sunflower oil and soyoil after closing a tender on Thursday May 9, trade sources told Fastmarkets. The agency bought three cargoes of soyoil totaling 29,000 tonnes at …