 |
India Tariff Cut Boosts Palm Oil Imports
11.12.2020 15:55 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Oilseeds: World Markets and Trade (December 2020), India, the world’s largest importer of palm oil, cut its crude palm oil tariff 10 percentage points in late November to curb rising food prices. Palm oil export prices have soared over 60 percent since May, their highest levels in 6 years. The high cost of vegetable oils, coupled with the economic impact of COVID-19, constrained India demand and imports in 2019/20. In response to the tariff reduction, the 2020/21 palm oil import forecast is up 200,000 tons as the lower tariff will make palm oil more affordable to consumers. The sunflower oil forecast is reduced 100,000 tons in response to tight global supplies and the additional palm oil in the market. Demand for vegetable oil is expected to recover assuming an improving economy in 2021 as the impact of COVID-19 diminishes over time. Prices of all major vegetable oils have strengthened considerably since May. Adverse growing conditions in key production areas have combined with strong demand in China to boost underlying oilseed prices. These have translated to the higher oil prices currently seen, along with slowing palm oil production in Indonesia and Malaysia that has reduced exportable supplies. Since November 2019, the price spread has narrowed between palm oil and other oils as high prices encourage a shift to less expensive oils such as palm. As long as vegetable oil prices remain elevated, these trends are expected to continue.
16.02.2021 |
|
 |
 |
|
 |
11:05 |
Kernel asks AMCU for permission to buy CascadeAgro, 12 more farms of Khomutynnik |
13.02.2021 |
|
 |
 |
|
 |
18:36 |
Ukraine: EIB provides 320 million EURO for COVID-19 vaccines and improvements in operational resilience at Boryspil International Airport |
11.02.2021 |
|
 |
 |
|
 |
09:47 |
Soybean Buyers Turn Attention to Brazil’s 2021 Harvest |
29.01.2021 |
|
 |
 |
|
 |
11:15 |
Global orange production for 2020/21 is forecast to rise 3.6 million MT from the previous year to 49.4 million |
28.01.2021 |
|
 |
 |
|
 |
15:20 |
USDA attache increased its estimate for South Africa’s 2020/21 MY total corn crop by 14% to 16 million tons |
26.01.2021 |
|
 |
 |
|
 |
17:10 |
Economy Ministry announces market agreement to limit corn export from Ukraine in 2020/2021 MY to 24 mln tonnes |
 |
13:33 |
China Lowers Applied MFN Tariff Rates and Revises Out of Quota TRQ Rates |
21.01.2021 |
|
 |
 |
|
 |
11:28 |
Ukraine plans to return to sending IMF borrowing into NBU FX reserves by 2023 – Finance minister |
 |
09:15 |
Honey exports from Ukraine increase in monetary terms by 27.2% in 2020 |
20.01.2021 |
|
 |
 |
|
 |
21:25 |
Agricultural production in Ukraine falls by 11.5% in 2020 – statistics |
 |
21:17 |
Ukraine increases imports of chocolate by 25.7%, coffee by 15.4% in 2020 |
13.01.2021 |
|
 |
 |
|
 |
17:25 |
China Demand and Global Supply Concerns Drive U.S. Soybean Price Higher |
 |
16:30 |
China Meat Consumption Expected to Rebound in 2021 |
 |
10:50 |
Despite Grain Export Restrictions, Russia to Reclaim Top Wheat Export Position |
31.12.2020 |
|
 |
 |
|
 |
16:37 |
2020 in review: Focus on staff well-being drives FAO forward |
 |
15:36 |
Sustainability’s influence on chocolate purchase decisions continues to grow, Cargill study finds |
 |
13:35 |
Malaysia. Palm oil (CPO) production forecast - 19.6 million MT |
28.12.2020 |
|
 |
 |
|
 |
15:09 |
Serbia’s total area wheat crop is estimated at 600,000 ha |
 |
14:10 |
India. Winter temperatures this coming December through February, along with precipitation will be critical |
24.12.2020 |
|
 |
 |
|
 |
17:15 |
Make #NotWasting food a personal resolution |
 |
16:15 |
Two cases of HPAI on duck farms in France threatening the foie gras industry |
22.12.2020 |
|
 |
 |
|
 |
21:25 |
Philip Morris files suit against Ukraine in intl investment arbitration due to AMCU penalty |
 |
21:00 |
FAO moves to scale up response to Fall Armyworm as pest continues to spread |
17.12.2020 |
|
 |
 |
|
 |
17:15 |
Global Environment Facility approves over $78 million to support FAO-led projects |
 |
16:38 |
Desert Locust upsurge continues to threaten food security in Horn of Africa and Yemen despite intense efforts |
11.12.2020 |
|
 |
 |
|
 |
15:55 |
India Tariff Cut Boosts Palm Oil Imports |
 |
13:31 |
Global Wheat Prices Supported by Record Global Imports |
08.12.2020 |
|
 |
 |
|
 |
13:00 |
Jose Carlos Corral Montilla appointed to Managing Director of BTC Europe |
 |
12:10 |
Chile. Avocado exports will reach 145,000 MT, assuming planted area and productivity remain unchanged |
07.12.2020 |
|
 |
 |
|
 |
15:30 |
Cargill, IFPEN and Axens collaborate to advance lactic-to-acrylic-acid technology |
04.12.2020 |
|
 |
 |
|
 |
14:15 |
World 2020 cereal production forecast reduced further |
 |
13:50 |
FAO Food Price Index rises sharply |
 |
13:25 |
EBRD supports Ukrainian pet food producer Kormotech |
03.12.2020 |
|
 |
 |
|
 |
16:10 |
Thailand: Rice export prices increased 1-3 percent |
 |
16:05 |
FAO and partners advocate for inclusive food systems to combat rural poverty |
01.12.2020 |
|
 |
 |
|
 |
14:05 |
Draft state budget for 2021 submitted to Rada for consideration at second reading |
30.11.2020 |
|
 |
 |
|
 |
15:10 |
Belgian Regains African Swine Fever-Free Status |
29.11.2020 |
|
 |
 |
|
 |
01:20 |
HPAI Detected in Commercial Turkey Flock in Sweden |
25.11.2020 |
|
 |
 |
|
 |
13:50 |
Poland has been the EU’s largest turkey meat producer since 2017 |
 |
12:01 |
Global 2020/21 Sugar Production is Estimated Higher United States, India, and Brazil Up 10 to 40 Percent |
 |
10:50 |
HPAI Detected in Commercial Flock in Denmark |
23.11.2020 |
|
 |
 |
|
 |
17:10 |
FAO urges G20 to support farmers, protect the vulnerable and invest in innovation |
18.11.2020 |
|
 |
 |
|
 |
17:00 |
Decline of Ukraine's GDP slows to 3.5% in Q3, 2020 – statistics |
 |
16:35 |
Bulgarian grain trading has been slower than the previous season |
12.11.2020 |
|
 |
 |
|
 |
12:21 |
Bosch and BASF establish joint venture for digital technologies in the agricultural sector |
 |
08:50 |
Lower Sunflower Seed Production in Ukraine and Russia Tightens Global Oilseed Supplies |
10.11.2020 |
|
 |
 |
|
 |
17:00 |
Global almond production for 2020/21 is forecast 15 percent higher to 1.7 MMT |
09.11.2020 |
|
 |
 |
|
 |
10:48 |
Despite a cut in world cereal production, this year’s forecast output remains an all-time high |
08.11.2020 |
|
 |
 |
|
 |
14:50 |
Global food prices continue rising in October |
05.11.2020 |
|
 |
 |
|
 |
12:15 |
BASF and TECNALIA accelerate R&D of new crop protection products through digitalization |
Also available:

|
|  |
|
 |