Palm and other oils are currently fighting for market share as their aggregate output is up

The global vegetable oil market is at the crossroads. The short-term fundamentals are weak, with consumption lagging behind production and stocks rising at the origins. Prices seem to have no upside in the next two-three quarters because of anticipated rebound in production of palm oil as well as major oil bearing crops in the northern hemisphere. Large crops of soyabean, rapeseed and sunseed are...