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How high must vegetable oil prices rise?
18 March 2022
Mr. Hughes Paul
Prices for vegetable oils continue to climb. Consumption from the biofuels sector, backed by governmental policies, sparked demand for soy and palm oils. Supply has not been able to keep up.
A year ago, our experts predicted vegetable oil prices needed to boldly increase to stimulate supply and slow demand. They have indeed increased, with the market now facing an even tighter outlook.
But the supply-demand tipping point still hasn't been reached.
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.
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