Wednesday, September 02
Indian buyers have secured large purchases of soybean oil for the four months to July, a rare move in anticipation of rising prices of rival palm oil. Traders have locked in more than 150,000 tons of South American soybean oil for each month from April to July 2026, said Aashish Acharya, vice president at Patanjali Foods Ltd., one of the country’s top vegetable-oil buyers. The unusual buying was driven by soy’s average $20- to $30-a-ton discount to palm during that period, he added. Soy oil typically trades at a premium to palm oil.The rush reflects market expectations that palm prices will rise on top producer Indonesia’s plans to blend more palm oil into biofuel starting in the second half of next year. Unlike soybean, sunflower, or rapeseed oil, palm is harvested year-round and is
Greece has been named the world’s best retirement destination for 2026, according to the Annual Global Retirement Index report by International Living. As per the report, the country now leads globally for health care, cost of housing, and climate, factors that shaped this year’s rankings. International Living said Greece has moved ahead of long-favourite Portugal and Spain. Jennifer Stevens, the executive editor of International Living, said in a statement, “Greece now offers what many are seeking, a beautiful, welcoming, and affordable European base with accessible residency options and a lifestyle that feels rich in every sense.” She also said this is a country “where your money stretches, and your days feel full.” Why Greece leads the 2026 indexThe ranking evaluates destina
