ALL AGRI #edible oil

Factors such as currency fluctuations and broader oil price trends are pivotal in shaping future trajectories.

The move has led to a decline of $50 per tonne in global soya oil prices in the past three days and has put pressure on other oils such as sunflower and palm oil, whose prices have dropped too.

This increase in palm oil prices mirrors a broader trend in the global edible oil market, with soyoil prices climbing 1.23% on the Chicago Board of Trade and nearly 1% on the Dalian Commodity Exchange.