Archived News
24-04-2025
Palm oil ends higher on bargain hunting, stronger sentiment
Malaysian palm oil futures closed higher on Wednesday, supported by bargain hunting and firmer sentiment across the edible oils market.
24-04-2025
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
Palm oil demand from top global buyers China and India is expected to increase as the vegetable oil is now reasonably priced compared to its rivals, the Malaysian Palm Oil Council (MPOC) said on Tuesday
24-04-2025
India starts raising palm oil buying as prices fall below soyoil
India has started raising palm oil purchases after a lull of five months as a correction in prices has made the tropical oil cheaper than rival soyoil, encouraging refiners to place orders to replenish inventories, four dealers told Reuters.
24-04-2025
Palm oil imports set to rise as demand picks up: SEA chief
Sanjeev Asthana, President of the Solvent Extractors Association (SEA), said palm oil imports are set to increase in the coming months as prices have corrected and seasonal demand is expected to rise
24-04-2025
Palm oil rises on bargain buying, stronger ringgit
Malaysian palm oil futures rose on Tuesday after six consecutive sessions of losses, supported by bargain buying, but a stronger ringgit and continued economic uncertainty limited the gains
24-04-2025
Malaysia must diversify palm oil markets amid US tariffs
Malaysia needs to diversify its palm oil supply markets to reduce its reliance on any one export destination in light of tariff challenges posed by the United States, Malaysian Palm Oil Board (MPOB) chairman Datuk Mohamad Helmy Othman Basha has said. He noted that the 24% tariff imposed by the United States on Malaysian palm oil exports poses a major challenge to the industry, potentially impacting the country’s export volumes.
23-04-2025
Palm oil expected to hold at RM3,900 amid tight supply
22/04/2025 (New Straits Times), Kuala Lumpur - Palm oil prices are anticipated to stay firm at around RM3,900, supported by the rebound in soybean oil prices, which improves palm oil's competitiveness.
23-04-2025
Indonesia’s March palm oil exports ease on rising local demand
22/04/2025 (UkrAgroConsult) - Indonesia’s crude and refined palm oil exports dipped nearly 2% in March from February as local consumption rose due to Ramadan, but shipments remained the highest in four years for the month of March.
23-04-2025
Crude palm oil to become cheaper than soybean oil again this month – analysts
22/04/2025 (UkrAgroConsult) - The price of crude palm oil (CPO) is expected to return to a fair spread with its main rival soybean oil this month, lasting until the third quarter of this year, analysts said. This would end a five-month price inversion since November.
23-04-2025
Aemetis Secures $31 Million in Biodiesel Orders for India’s Blending Push
22/04/2025 (P&GJ) - Aemetis Inc., a global producer of renewable natural gas and biofuels, announced that its India-based subsidiary, Universal Biofuels, has received $31 million in biodiesel orders from India’s three government-owned Oil Marketing Companies (OMCs). The deliveries, totaling over 33,000 kiloliters, are scheduled for May through July.
22-04-2025
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
21/04/2025 (Bernama), Kuala Lumpur - Malaysia must diversify its palm oil markets to reduce dependency on any single export destination for the commodity, in light of the tariff challenges posed by the United States (US).
22-04-2025
Malaysia-China industrial cooperation to bring new opportunities: deputy minister
22/04/2025 (Xinhua), Kuala Lumpur - Industrial cooperation between Malaysia and China has offered new opportunities for common development, and China's thriving market plays a crucial role in the future development of Malaysia's palm oil industry, a Malaysian government official has said.