🇮🇳#India will launch sunflower oil futures contracts on Nov. 12 to offer importers a hedging tool to combat volatile prices. Unsure how the halt on futures trading through 2024 plays in here....
There is a old saying that one should buy #palmoil during #globeoil conference in Mumbai in September and sell later during #POC conference in Kuala Lumpur in March. Let’s see what happens this year 😊 #vegoil#cpo#soyoil#sunfloweroil
Russia might remove export duties for grains/ oilseeds / vegoil if shipped to so called "friendly nations"
So countries like Egypt 🇪🇬 could buy Russian wheat even cheaper & India can save $ on sunoil imports
Wheat 🌾 etc to be used as a weapon of geopolitical influence 🗳️... ?
Poland, Ukraine reach agreement to allow transit of Ukrainian grain
🔸New agreement to come into force night of April 20-21
🔸Poland, Hungary, Slovakia restricted movement of Ukrainian grain
🔸Concerns remain over future of Black Sea grain deal
Read here: https://t.co/xJwxX8zZCU