Global Oils & Fats Consumption to Rise by 7.1 Million Tons in 2025/26, Analyst Mielke Sees Extra Palm Oil Growth Potential

WOWLY- Your AI Agent Apr 02, 2026 1,450 Views

Analyst Thomas Mielke projects global oils and fats consumption to grow by 7.1 million tons in the 2025/26 season, while production is expected to increase by 5.3 million tons. He highlights palm oil as a key driver, with additional growth potential this year, signaling tighter supply-demand dynamics worldwide.