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Mid June
The US Dollar Index (DXY) remains around 99.8–100.0. A stronger dollar typically limits commodity rallies by making imports more expensive, remaining a bearish macro factor for vegetable oils.
The Baltic Dry Index continues to weaken. Lower freight rates reduce delivered costs for importers and increase competitiveness among exporters, which is slightly bearish for FOB vegetable oil prices.
The Russian ruble remains relatively strong around 71–73 per $, reducing margins for


End of December
Dear ladies and gentlemen, We are approaching the end of 2023. The war in the middle of Europe is continuing, as Russia conducted its...
Dec 29, 2023
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