Quotations for vegetable oils are rising amid high demand.

Last week saw a slight increase in quotations and prices for vegetable oils, driven by heightened demand from Chinese importers ahead of the holiday week. November futures for palm oil on the Bursa Malaysia exchange rose by 2.7% over the week to 4470 ringgit/t or 1062 $/t, despite a significant reduction in September shipments to India. According to five dealers, in September India reduced palm oil imports by 15.9% to 833 thousand tons, a 4-month low, as processing plants preferred cheaper soybean oil. According to Oil World, in June–August 2025, global palm oil exports reached 14.8 million tons—a record level for this period, which is 1.7 million tons more than last year. Since the start of the 2024/25 season (September–August), global palm oil exports amount to 43.44 million tons (42.6 million tons last year), of which: December futures for soybean oil on the Chicago exchange rose by 3% over the week to 1123 $/t (but remain 1% below the level a month ago), supported by increased ...