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Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade slightly lower this week due to recent export weakness, says palm oil trader David Ng.

The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association has reassured consumers and traders that there is no supply shortage of bottled edible oil in the local market

The government is likely to reduce value-added tax (VAT) on imports, processing and trading of soybean and palm oil to contain the prices of the essential, the commerce ministry said in a statement

Malaysian palm oil futures ended higher on Friday and logged a fourth straight weekly gain, as lower stocks supported the market despite demand concerns and uncertainties surrounding Indonesia’s biodiesel mandate.

In today’s marketplace, some Malaysian consumers may still be confused by two seemingly similar oils: red palm oil (RPO) and prayer oil (‘minyak sembahyang). While they may share a comparable appearance, these products could not be more different in their fundamental nature and purpose. Ever accidentally turn your stir-fry into a spiritual offering?

During the past few weeks or months, prices of coconuts have been rising in the domestic market. This is largely due to supply shortage in the domestic market owing to a number of factors

The local edible oil industry has called for fostering the cultivation of oilseed crops such as canola, sunflower, mustard, soybean, and others, alongside adopting innovative practices. These measures are aimed at reducing dependency on imports of around 3 million metric tonnes (MMTs) of edible oil, saving valuable foreign exchange, and meeting local per capita consumption of 4.50 MMTs, industry experts said.

The Bangladesh Vegetable Oil Refiners and Banaspati Manufacturers Association (BVORBMA) has assured the public that there will be no shortage of cooking oil during Ramadan

Malaysia will crack down on fraud in the used cooking oil industry, its deputy commodities minister told Reuters, as western governments investigate whether shipments of the biofuels feedstock from Asia actually contain virgin oil.

13/02/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures slumped on Thursday, snapping a five-session rally, as weaker Dalian oils and declines in crude oil prices sparked by talks to end the Ukraine-Russia war weighed on the market.

14/02/2025 (New Straits Times), Kuala Lumpur - The palm oil sector faces a supply squeeze, which is not a bad thing as this is expected to ensure prices of the commodity remain elevated, industry observers said.

14/02/2025 (Bernama), Kuala Lumpur - The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras and Papua New Guinea compared to 2024 levels.