Gapki see PalmOil Prices softer in 2H than 1H-even 2024 Year average PalmOil prices wud be higher than Last Year
Category Archives: Reports
Gapki Head says:-Indonesia PalmOil use in BioDiesel exceeds Local consumption-2024 Year PalmOil to grow than past Year-PalmOil usage in BioDiesl wud continue to elevate-Approx 22% of Palm Prdn now diverted to Energy usage/leaving less surplus for Export
SPOT FOB/CIF SPREADS : RIVAL OILS
Dubai Event/Expert View-Palm now not PoorMan Oil-Palm was cheaper on Plenty of Supplies/now excess supply fades on poor expansion in SouthEast-Oleo supply wud shrink on lack of Palm Prdn growth-No capacity expansion planned on Palm short supplies/stagnant Prdn-CGN now dictate LauricOil
Tefla’s Dubai Event begins:Sh Vijay Sardana says:-Feed demand wud drive World Food Prices-Population growth stagnant-World shifting to EV/Hydrozen-BioFuels now not key-India EdibleOils demand wud continue to grow with Economy growth-deficit in EdibleOil wud slow on lower BioFuel demand