The import of vegetable oils into the EU is decreasing.

In brief: • The import of vegetable oils into the region has fallen by 25% compared to a year earlier • IKAR raised its forecast for wheat production in Russia to 88 million tons Since the beginning of the current season until mid-October, EU countries have continued to reduce their imports of vegetable oils. The total volume of imports was 1,236,000 tons, representing a 26% decrease compared to the same period of the previous season, according to data from the European Commission. Sunflower oil imports by October 14 fell to 426.2 thousand tons (a ¼ decrease compared to last season), while palm oil imports plummeted to 725.5 thousand tons (25% decrease). In contrast, soybean oil imports increased by 160% to 200.2 thousand tons, and rapeseed oil imports increased to 84.4 thousand tons (1% growth year-on-year). And on Wednesday, rapeseed prices in Paris went up sharply. Euronext prices registered an increase of over 7 euros/ton for the February 2026 contract, gradually ...