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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.