In a move to protect the status quo of the palm oil trade business, Indonesia and Malaysia are joining forces against the new EU Deforestation Regulation.
The Mintec Benchmark price for Rapeseed Oil FOB Rotterdam [Mintec Code: RSOR] was assessed at €1,200.50/mt on 1st December 2022 the lowest price seen for the commodity since.
ASIA: Japan's factory output fell in September for the first time in four months as manufacturers grappled with rising raw materials costs and global economic slowdown and is likely to fall again next month before picking up in November, the government said. Factory output fell a seasonally adjusted 1.6% in September from a month earlier,