Tradologie

Date: Dec 13, 2024

Edible Oil Prices are Expected to Decline by 9% by Mid-December

Following a $100 per tonne drop in the international prices of soybean, sunflower, and palm oil in the past two weeks

Rice Exports Soar to a New Milestone of $5 Billion

According to data from the General Department of Customs, Vietnam exported 8.05 million metric tons of rice between the start of this year and November 15th, earning a record-breaking value of over US$5 billion.

India's Palm Oil Imports Surged by 60% Month-on-Month in October, According to a Trade Body

The Solvent Extractors' Association of India (SEA) reported that India's imports of palm oil increased 60% from September to 845,682 metric tons in October

India Considers Lifting Ban on 100% Broken White Rice: Sources

According to industry sources, the Indian government is considering lifting the ban on exports of 100% broken white rice

Trump's high tariffs on China may lower edible oil prices globally: importers

The high tariffs imposed by the Trump Administration on Chinese goods could lead to a reduction in soybean seed

India's spice exports poised to reach $10 billion by 2030, targeting expansion into new global markets.

India's spice export market is on track to reach $10 billion by 2030, with plans to expand into Africa, South America, and the East European bloc.

Jordan announces tender to purchase up to 120,000 metric tons of wheat, say traders

Jordan announces tender to purchase up to 120,000 metric tons of wheat, say traders European traders announced on November

Philippine Rice Imports Reach All-Time High

Philippine rice imports are nearing the 4-million metric ton (MMT) mark, exceeding the previous record set in 2022.

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