Market Highlights
Impact of Covid-19 On Indian Vegoils Business
COVID-19 has wormed itself into the consciousness of people around the world. It has laid bare the boundaries created by men. In its rampage across the globe, it has brought the high and mighty to their knees. India has been a late entrant to the visitations of this virus. Almost all those afflicted...
Government of India Relaxes ‘Certificate of Origin’ Conditions
Below notification was issued by Ministry of Commerce and Industry, Department of Commerce Directorate General of Foreign Trade, Government of India on March 28, 2020. This notification recognises the fact that Government of India will not be able to issue Certificates of Origin (COO) in view of the...
Food Industry Likely to Maintain Palm Oil Imports in Turkey
The Republic of Turkey has been tested with geopolitical issues since 2018 that has seen a severe drop in its economy, mainly reflected in depreciation the Lira. However, by Q4 2019, things are looking to be positive for Turkey, heading into the new year with analysts anticipating a recovery in 2020...
USA Renewable Energy Producers Hit Hard by the Corona Virus Pandemic
In his recent Seeking Alpha article, analyst Tristan R. Brown highlighted that U.S. oil refiners and other fuel producers have seen their market capitalizations mostly wiped out in recent weeks as the COVID-19 pandemic has taken hold in the U.S. The market is clearly concerned that an extended perio...
Demand for oleochemicals will be key driver to support palm oil prices
Oleochemicals are mainly derived from animal fats and greases like tallow or vegetable oils and fats like palm and coconut oil, fatty acids are mainly used in cosmetics and toiletries, as well as for the production of lubricants and plasticizers in rubber and polymer processing. The current Covid 19...
GCC Challenges in the First Half 2020
Middle East market comprises of 15 countries with the population of 320 million people. Most of the countries in the Middle East region are dependent on petroleum as their source of revenue. Six of them are the major oil producing countries formed an intergovernmental institution known as the Gulf ...
Plan to boost oilseed crops in Pakistan
Despite being an agriculture-based economy, Pakistan is heavily reliant on the import of edible oil and oilseed to meet the annual requirements of oils and fats. The total consumption of oils and fats in Pakistan has exceeded 4.5 million MT out of which the share of indigenous oilseed crops is appro...
China Soybean Outlook after Inking the Phase-1 Trade Agreement with US
China – US trade phase one trade deal with China was signed and came into effect from February 15, 2020. Under this agreement, China has agreed to purchase an additional US$12.5 billion worth of US agricultural products in 2020, and US$19.5 billion more in 2021. Following the signing, China is accep...
Summary – “Port SOPs During Covid-19 Pandemic – Nightmare for Logistics Operations”
The rapid spread of Covid-19 pandemic has prompted many nations and governments to adopt a protective and preventive approach on all forms of transports, including ocean vessels, to curtail the exposure and spread of this virus. This is bound to create anxieties, uncertainties, disruption, and appre...
COVID-19 Impact on US Soybeans Industry
COVID-19 has created certain impact on exports and supply chain of US soybeans. This pandemic is causing delay in the fulfilment of phase one purchase targets between US and China. With the phase one trade deal with China in effect since February 15, agricultural experts fear the coronavirus outbrea...
