- Heavy rains forecast over the next week add further threat to quality issues
- Very tight soft red balance sheet
- Russian exports are now projected at 37.0 mmt and Ukraine exports are projected at a record 19.5 mmt.
- Global vegetable oil usage ratio is expected to decline to below 10 percent in 2019/20, the lowest since the mid-1990’s
- Malaysian palm oil stockpiles fall to a 10-month low