Start exploring the ever-changing terrain of the vegetable oil market in 2023 with our End of Year report.
Supported by Vesper's data, the analysis covers crude, refined, and specialty oils such as coconut, palm kernel, olive, and sunflower, providing insights into import/export dynamics, price fluctuations, and prevailing market sentiments.
The report wraps up with a concise outlook for the short and long term, presenting key insights for informed decision-making in strategic buying, selling, or trading endeavours.
From regional fluctuations to macro forces influencing global trade and price dynamics, this report aims to provide a clear understanding of the drivers shaping the vegetable oil industry, with a particular focus on the influence of past trends on the future of the market.
What happened in 2023?
Every week, I look at the Vesper Price Index (VPI), and I can observe if we’re still aligned with the market or if we have to change anything in our pricing strategy.
Kristian Kabel
Vesper is an excellent benchmark for buyers to double-check whether the quotes they get represent the market.
Yue Li
Vesper really changed the marketplace by providing a one-stop-shop hub of information.
Dale Mills Jr.
Once you start using Vesper on a daily/weekly basis, then you can really see the value that it brings to the point where you start canceling all of your other subscriptions and just focus on having Vesper as your homepage.
Huey van Vliet
Because dairy prices fluctuate, understanding the data and making smart decisions has become tricky. By providing transparent data, Vesper helps me improve my negotiation skills and increase our company’s margins.
Kiruba Tinakararajan
I like the user-friendliness and the ability to see all the relevant market data and forecasts in a simple dashboard.
Huey van Vliet
I compare my purchasing budget with the latest prices displayed in the Forward VPI to make the best hedging decisions.
Ricardo Arellano
Vesper enhances our understanding of the EU and Oceania, filling any knowledge gaps and providing insights.
Dale Mills
Vesper's calculations forecasted market supply, aiding us in explaining price establishment to our customers in advance.
Ewald Bontje
Vesper, vespertool.com, is a commodity intelligence platform that transforms difficult-to-understand data into easy-to-digest intelligence and actionable insights, enabling users to back their decisions with facts. The insights provided by our market analysts in this report are backed-up by Vesper’s real-time and difficult to find data.
Download the report, and start optimising your buying, selling or trading strategies.
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