Market report oils and fats

April 2026: Gustav Heess informs about the current market situation for soybean and palm oil, sunflower oil, olive oil, castor oil, almond oil, walnut oil and pistachio oil.

 

Oil	Current Situation	Forecast	Price Trend
Soybean Oil & Palm Oil	Prices at 3-year highs; strong demand from energy sector; high processing levels	Demand expected to remain strong due to energy sector	Upward
Sunflower Oil	Growing cultivation areas; replacing fertilizer-intensive crops	Record acreage expected in 2026/27	Slightly upward / stable
Olive Oil	Lower production in Spain	Limited exports expected	Upward (supportive)
Castor Oil	Short-term higher supply; weak demand; high logistics costs	Potential lower harvest due to heat	Short-term downward, long-term uncertain/upward
Almond Oil	Favorable growing conditions; potentially high harvest	Crop may exceed expectations	Stable / slightly downward
Walnut Oil	Weak demand, mainly institutional	No strong improvement expected	Stable / weak
Pistachio Kernel Oil	Very tight supply; strong demand	Long-term tightness due to production cycles	Upward

 

You can find more detailed information on the Gustav Heess website.