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India’s soyoil imports set for record high, palm oil at five-year low

Higher soyoil imports will lift India’s total edible oil imports in the year by 1% to 16.1 million tons, dealers estimated. India’s soyoil imports are poised to surge 60% year-on-year to a record high in 2024/25, as refiners boost purchases due to cheaper prices compared with rival palm oil, shipments of which are set to […]

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Dollar forges higher as Trump releases new tariff barrage

Yen sinks, Bank of Japan signals no hurry to resume rate hikes. The dollar headed for its strongest weekly performance in almost three years against other major currencies, maintaining momentum on Friday after U.S. President Donald Trump imposed new tariff rates on dozens of trade partners. Some of the currencies of the countries that were […]