Indonesia's palm oil export ban heats up vegetable oil market - CNA

NEW YORK: Indonesia's decision to suspend palm oil exports in the face of domestic shortages has pushed vegetable oil prices to new highs, further tightening a market already on edge due to the war in Ukraine and global warming. The prices of palm, soybean…

Even though the price of vegetable oil, in addition to multiple other agricultural commodities, has been rising for months, demand has yet to slow. "It's difficult to ration demand for food commodit… [+2589 chars]

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