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- (-) Oilseeds (excl. soybean)
- (-) June 2023
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On June 14, 2023, India’s Ministry of Finance issued Public Notice No. 39/2023 - Customs that reduces the import duty on refined sunflower and soybean oils.
After a lengthy interagency review, Indonesia’s Ministry of Agriculture released updated oil palm area data, significantly increasing overall plantation hectares.
2019/20 soybean planted area is forecast at 18 million hectares and production is forecast at 53 million tons, unchanged since September.
Post forecasts crude palm oil (CPO) production in marketing year (MY) 2019/20 at 20.6 million metric tons (MT).