Logistics and global dynamics in focus for EU vegetable oil market

The EU vegetable oil market will be affected by logistical challenges in Ukraine and high stockpiles at destinations, while tighter soybean oil supplies and dry weather in Asia may support the complex. Black Sea and internal logistics Russia exited the UN-brokered Black Sea Grain Deal in July 2023, cutting off Ukraine’s access to safe shipments via the Black Sea corridor…. The EU vegetable oil market will be affected by logistical challenges in Ukraine and high stockpiles at destinations, while tighter soybean oil supplies and dry weather in Asia may support the complex. Black Sea and internal logistics Russia exited the UN-brokered Black Sea Grain Deal in July 2023, cutting off Ukraine’s access to safe shipments via the Black Sea corridor…. Read More