Please enjoy a fresh overview of the global veg oil market.

All factors point to firm-to-higher veg oil prices into 2025–26.

The US is strengthening trade ties with Asia, which could shift global agri trade flows. Turkey has cut interest rates, weakening the lira and making exports cheaper. A UK–India free trade agreement is boosting bilateral trade. Meanwhile, the US is imposing a unified 15% tariff on all EU imports, including cars and pharmaceuticals. While this move strengthens US leverage, it raises concerns in Europe about economic fallout.