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palm oil, price index
Vegetable oil leads UN food-price index to hit 20-month high
Food commodity prices across the globe hit a 20-month high in November, according to the latest index from the UN Food and Agriculture Organization (FAO). Averaging at 127.5 points, the FAO Food Price Index rose by 0.
World food prices reach 19-month high in November on surging vegetable oil
The price index, compiled by the UN Food and Agriculture Organisation (FAO) to track the most globally traded food commodities, increased to 127.5 points in November from a revised 126.9 points in October, the highest level in 19 months and up 5.7 per cent from a year earlier.
Vegetable oil prices push FAO Food Price Index to 19-month high
The FAO Vegetable Oil Price Index soared 7.5% month-on-month to 164.1 points in November, its highest level since July 2022. Palm oil prices led the surge, bolstered by concerns over lower-than-expected production due to excessive rainfall in Southeast Asia.
The world’s food prices are at a 19-month high. Here’s why
The United Nations' world food price index reached its highest point since April 2023, due to surging vegetable oil prices.
World Food Prices Reach 19-Month High in November, UN Says
The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices, data showed on Friday.
Global Food Prices Hit 18-Month High Driven By Vegetable Oils, Dairy, And Meat
Global food prices surged to an 18-month high in October, with the FAO Food Price Index rising 2%, Vegetable oils saw the largest price increase from January to October, rising 24% due to higher palm,
Eau Claire Leader-Telegram
1d
Monitoring global oilseed markets
We are starting to see a shift in how trade is looking at global oilseed balance sheets. This follows two of the world’s oilseed producers reporting crop failure; these being ...
techxplore on MSN
2d
From chip shop to pit stop—scientists make cooking oil biofuel as efficient as diesel
A new way to produce fuels made from leftover fat can create biofuel as effective as diesel and 1000-times more efficiently ...
DollarsAndSense
8d
5 Things To Know About Oiltek International (SGX: HQU), A Global Leader In The Vegetable Oils Industry
With over 43 years of experience in the vegetable oils industry, SGX-listed Oiltek has designed and built plants in 36 ...
TradeWinds
6d
Stolt Tankers opts for vegetable oil fuel blend on 30 vessels
Stolt Tankers is set to use renewable biofuel on 30 of its ships from this month. The company, part of Norway’s Stolt-Nielsen ...
4d
on MSN
Food prices are at their highest levels in over a year. And these items will get even more expensive
Global food prices recently rose to an 18-month high, with some food baskets expected to continue climbing, according to ...
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