Sharp drop in palm oil imports during July

The U.S. imported just 51,647 MT of refined palm oil in July, down 56 percent from June and the lowest monthly volume since October 2010. The sharp slowdown in imports may be a response to the recovery in U.S. refined palm oil stocks as [...]

Higher palm oil supply drove May’s gain in edible oils stocks

Demand for soybean oil remained impressive in May, with 1.75 billion pounds removed from stocks for processing, up 6 percent YOY. About 1.22 billion pounds were removed for edible applications, up slightly from April and close May 2021’s volume. Use of soybean oil for [...]

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