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Global vegetable oil prices seen rising on tighter supply, says analyst Mielke
MUMBAI: Global vegetable oil prices may rise in the coming months and into 2027 on tighter supply as disrupted Black Sea sunflower-oil shipments coincide with declining South American soyoil exports, a leading industry analyst said on Thursday. Sunflower oil shipments from Russia and Ukraine would be around 300,000-350,000 metric tons below potential each month from October if a safe shipping corridor is not established, said Thomas Mielke, executive director of Hamburg-based forecaster Oil World. India is likely to be among the countries most affected by the disruption, possibly having to inc...
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