India's palm oil imports fall in July as soyoil jumps to record high
Higher soyoil purchases will support US soyoil prices, but will dent rival palm oil's share in Indian buying and force Malaysian and Indonesian sellers to offer discounts to regain the market share, traders say.
Rats, drought and labour shortages eat into global edible oil recovery
Malaysia is facing a perfect storm of production headwinds that will likely drag global stocks to their lowest level in five years.