Archived News

17/01/2025 (Reuters), Jakarta - Malaysian palm oil futures fell for a third straight session on Thursday and ended at their lowest closing price in more than three months, dragged down by weakness in rival vegetable oils and muted demand.

16/01/2025 (Reuters), Mumbai - India’s palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil’s premium over rivals drives buyers to more competitively priced soy oil, government and industry officials told Reuters.

16/01/2025 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower again today on weaker soybean and crude oil prices.

16/01/2025 (Reuters), Jakarta - Indonesia is temporarily freezing the distribution of subsidies for mandatory palm oil biodiesel and replanting programmes, due to a reorganisation at its palm oil fund agency, an official said on Thursday.

16/01/2025 (Business Today) - Integrated palm oil milling services provider, Ecoscience International Bhd has launched an innovative effluent water treatment solution, Eco-Plasma•HO to address the challenges of palm oil mill effluent (POME), wastewater generated during palm oil milling process that requires effective treatment before discharging into watercourses due to its highly polluting properties.

16/01/2025 (Reuters), Jakarta - Malaysian palm oil futures closed lower on Wednesday, tracking rival soyoil’s weakness in Dalian and Chicago markets and lack of fresh demand.

15/01/2025 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its downtrend on Wednesday on weaker demand from key market destinations, namely India, China and the European Union.

16/01/2025 (The Star), Petaling Jaya - Crude palm oil (CPO) prices are expected to remain firm or move higher in 2025 versus a price average of about RM4,200 per tonne in 2024, say industry experts.

15/01/2025 (Business Today) - MIDF Amanah Investment Bank (MIDF Research) has maintained its tactical POSITIVE outlook on the Malaysian palm oil sector for 2025, with a target price of RM4,300 per metric tonne for crude palm oil (CPO). This follows the recent Malaysia Palm Oil Conference & Seminar 2025, where the research house discussed the industry’s performance and challenges, including stagnant growth in oil palm output and the implementation of the Sawit Intelligent Management System (SIMS).

15/01/2025 (New Straits Times), Kuala Lumpur - Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has reaffirmed Malaysia's readiness to meet Pakistan's growing demand for palm oil with high-quality and sustainable products.

15/01/2025 (Oils & Fats International) - The Indonesian government has delayed the nationwide introduction of its B40 blending policy, which mandates a 40% palm oil mix with 60% diesel fuel, Reccessary reported.

15/01/2025 (Reuters), Jakarta - Malaysian palm oil futures closed lower on Tuesday as investors booked profit after two sessions of sharp gains on lower palm oil stocks and rising oil prices.