China has set a goal of expanding its biofuel portfolio, not only to absorb the massive corn reserves but also to diversify its energy platform. However, it faces several challenges in achieving this, including one in particular as noted by industry observers.
Oilseeds Soymeal Inventories Fall Again as Meal Price Improves China’s estimated soymeal inventory totaled 711,500 MT through 7 April, down 25,200 MT (-3.42 percent) from the previous week and 366,200 MT lower (-34 percent) than the same week in 2016. Among all regions, the most significant decreases occurred in the Northeast and Guangxi where the volumes dropped 24,300 MT (-62.5 percent) to 14,600 MT and 102,400 MT (-61.13 percent) to 65,100 MT, respectively. Impo...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
