Archived News
03-04-2025
EU palm oil imports drop
02/04/2025 (Oils & Fats International) - The European Union (EU) imported significantly less palm oil between July 2024 and early March 2025 than in the same period the previous year, according to EU Commission (EC) data reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).
03-04-2025
India's March palm oil imports rise but stay below normal levels, dealers say
02/04/2025 (The Edge Malaysia), Mumbai - India's palm oil imports in March increased from the previous month but remained below normal levels for the fourth consecutive month, as its premium over rival soyoil prompted refiners to boost soyoil purchases, according to five dealers.
03-04-2025
"Renewable Diesel" May Contain Fraudulently Sourced Palm Oil
02/04/2025 (Renewable Energy Magazine) - A key ingredient in the "renewable diesel" sold in Europe is likely fraudulent, a new study by T&E reveals . Spain is among the European countries that consume the most of this fuel. European biofuels contain almost twice as much palm oil mill effluent (POME), a residue from palm oil production, as those available worldwide.
03-04-2025
Mill owners plan edible oil price hike
02/04/2025 (Dhaka Tribune) - Mill owners have once again proposed an increase in edible oil prices, especially soybean oil, citing the expiration of government tax exemptions on Saturday, while reportedly taking advantage of the holiday period to raise prices preemptively amid uncertainty over an extension.
03-04-2025
CPO FUTURES END HIGHER ON STRONGER SOYBEAN OIL PRICES
02/04/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, tracking stronger soybean oil prices and higher export estimates, said palm oil trader David Ng.
02-04-2025
Indonesia’s palm oil exports hit 4-month high in February on tariff cuts
01/04/2025 (UkrAgroConsult) - Indonesia’s exports of crude and refined palm oil rose 62.2% in February from the previous month to a four-month high, Reuters reported, citing statistics from the country’s customs office. The increase in the figures was due to Jakarta’s decision to reduce export duties on palm oil earlier.
02-04-2025
Thailand Advances Sustainable Aviation Fuel Production with Key Industry Partnership and Used Cooking Oil Initiative
01/04/2025 (Solarquarter) - Mr. Akanat Promphan, Minister of Industry, is spearheading Thailand’s efforts to develop new economic drivers by tasking the Department of Industrial Promotion (DIPROM) to collaborate with Bangchak Corporation and five leading business organizations to accelerate Sustainable Aviation Fuel (SAF) production. This initiative, formalized through a Memorandum of Understanding (MoU), focuses on “Managing Used Cooking Oil for the Production of SAF,” in alignment with the Bio-Circular-Green (BCG) Economy policy.
02-04-2025
Canola market recovering entering April
31/03/2025 (Farm & Ranch Guide) - The canola market has attempted to find a bottom recently due to trade concerns, with the ICE futures canola contracts hitting lows recently. Many market analysts feel that the fundamentals of the canola market are being overweighed by other factors.
02-04-2025
ICE Review: Canola Mostly Higher, Helped by Palm, Crude Oils
01/04/2025 (Morningstar), Manitoba - The ICE Futures canola market was mostly higher as the May contract eased back.
02-04-2025
Malaysian palm rises for third session, underpinned by overnight Chicago soyoil
31/03/2025 (UkrAgroConsult) - Malaysian palm oil futures increased for a third session on Friday, supported by strength in overnight Chicago soyoil following a report that US oil and biofuel producers agreed in principle to raise the mandate for renewable diesel and biodiesel.
28-03-2025
Indonesia to use one million African weevils to spur palm output
27/03/2025 (The Business Times), Jakarta - Indonesia is betting on tiny bugs from Africa to help boost its palm oil production, as the broader sector grapples with tightening supply that threatens to keep prices elevated and add to food inflation.
28-03-2025
Indonesia's January palm oil inventories rise by 14% as exports drop
27/03/2025 (The Edge Malaysia), Jakarta - Indonesia's palm oil inventory at the end of January rose by 13.98% from the previous month despite a drop in production, as exports fell to a four-month low, data from the Indonesian Palm Oil Association (GAPKI) showed on Thursday.