Soyoil prices rose on stronger global import demand, while rapeseed and sunflower oil also increased
LONDON – The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices, data showed on Friday.
The vegetable oil index jumped 7.5% above levels seen a month ago and 32% above those seen a year earlier, driven by concerns over lower than expected palm oil output due to excessive rainfall in Southeast Asia.Cereal prices dropped 2.7% from October thanks to weaker wheat and rice prices, while sugar fell 2.4% from October as India and Thailand began crushing and concerns over Brazil's crop prospects eased.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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