date:Jan 08, 2021
, while those for maize and wheat were 7.6 percent and 5.6 percent higher, respectively.
The FAO Vegetable Oil Price Index gained 4.7 percent in December to reach its highest level since September 2012. In addition to ongoing supply tightness in major palm oil-producing countries, international trade was affected by a sharp hike in Indonesia's export duties.
International prices for soy oil rose in part due to prolonged strikes in Argentina, impacting both crushing activity and port logistic