US imports record amount of Chinese cooking oil
U.S. imports of used cooking oil (UCO) from China are set to hit a record high in the coming months, even as regulatory uncertainty casts doubt on the long-term outlook for a trade that boomed last year, according to market participants. U.S. demand for UCO, a raw material for […]
India plans to increase taxes on vegetable oils
India is considering raising import duties on vegetable oils to help protect farmers suffering from lower oilseed prices, two government sources said on Wednesday. The move could dampen demand and reduce purchases of palm oil, soybean oil and other grains.
