Following a $100 per tonne drop in the international prices of soybean, sunflower, and palm oil in the past two weeks, consumers can expect relief as edible oil prices are expected to drop by up to 9% after a four-month lag from mid-December.
Drop in Edible Oil Pricing
Prices for soybean oil have decreased as a result of the abundant soybean production globally. Sunflower oil pric... https://www.tradologie.com/lp/news/detail/edible-oil-prices-are-expected-to-decline-by-9percentage-by-mid-december