A recent market survey revealed that the cost of 25 litres of refillable vegetable oil, a staple for cooking, has surged from around N46,000 to N90,000, a 95% price increase.

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Agricultural commodities are having a bad time of it lately. Whether it’s corn, cocoa or coffee, crops worldwide are being pressured increasingly by unpredictable weather patterns.. The latest victim ...

The Vegetable Oil Price Index averaged 156.0 points in February, up 2.0 percent from January and as much as 29.1 percent higher than a year earlier.

It said prices of vegetable oils remained volatile in 1H24, with CPO prices trading in the range of RM3,600 per tonne to RM4,600 per tonne and average at RM4,018.50 per tonne.

World wheat prices edged down due to improved crop conditions in the northern hemisphere, while the FAO All-Rice Price Index increased by 1.4 percent in May, driven by firm demand for fragrant ...