Archived News

05/02/2026 (Ukr Agro Consult) - Palm oil prices closed higher on expectations of declining inventories, says David Ng, a trader at Iceberg X in Kuala Lumpur. Investors also expect stronger export demand in the coming weeks, he adds. He forecasts support above MYR4,200 per tonne and resistance at MYR4,350. The Bursa Malaysia derivatives contract for April delivery closed MYR7 higher at MYR4,222 ($1,073.75) per tonne.

05/02/2026 (Antara News), Jakarta - Trade Minister Budi Santoso has urged cooking oil producers to increase the production of second-brand products to complement the government’s Minyakita program and help maintain supply and price stability ahead of Ramadan and Eid.

05/02/2026 (The Edge Malaysia), Mumbai - India's sunflower oil imports are expected to drop around a tenth in 2025/26 to a four-year low as a growing price premium over rivals pushes buyers toward cheaper alternatives, trade officials said.

04/02/2026 (Ukr Agro Consult) - In January 2026, India changed its purchasing structure. While palm oil imports jumped 51%, imports of sunflower and soybean oils declined significantly. Sunflower oil imports fell 23%, a key factor in the overall decline in edible oil purchases by the country.

04/02/2026 (Antara News), Jakarta - The Indonesian government will soon distribute rice and cooking oil assistance to 33.2 million beneficiary families nationwide as part of government efforts to stabilise food prices and protect household purchasing power, the head of the National Food Agency (Bapanas) said on Tuesday.

06/02//2026 (The Global New Light of Myanmar) - The Central Bank of Myanmar (CBM) injected over 1.939 million baht, purchased from CMP companies, into the market after selling over US$2.089 million to the edible oil-importing companies on 4 February.

06/02/2026 (Decan Chronicle), Hyderabad - The government should facilitate small farmers to produce oil on a small scale, allowing them to brand and sell their own products to increase their income, and reduce the country’s dependence on imported edible oil, say WHO experts. Speaking at a webinar conducted by the Indian Council of Medical Research-National Institute of Nutrition (ICMR – NIN), World NCD Federation president Dr J.S. Thakur said implementing a procurement system for farmers, along with offering better prices for oilseeds, could boost oilseeds production. He said there should be direct communication between research institutes and farmers for the betterment of lab networks to help farmers, instead of the benefits going to retailers.

05/02/2026 (New Straits Times) - Malaysia is the second largest producer of palm oil in the world. Oil palm stocks occupy a unique position in Bursa Malaysia. Companies in this sector are involved in plantation operations, processing crude palm oil (CPO), and sometimes downstream refining and consumer products. While oil palm stocks can be attractive for their cash flows and exposure to global food demand, they also carry distinct risks. Understanding both sides is essential before committing capital.

04/02/2026 (Jakarta Globe), Jakarta - Palm oil prices steadied after recent volatility, with the benchmark contract trading at 4,236 ringgit ($1,078.57) a ton on Feb. 4, up 0.6% from the previous session, according to tradingeconomics.com. Prices have gained 5.6% over the past month but remain 2.2% lower than a year earlier, based on a contract-for-difference tracking the benchmark market.

04/02/2026 (New Straits Times), Jakarta - Malaysian palm oil futures traded sideways in early deals on Wednesday, as a weaker Chicago soyoil and a stronger ringgit countered support from gains in Dalian vegetable oils.

04/02/2026 (Ukr Agro Consult) - According to data released by shipping inspection agency SGS, Malaysia’s palm oil exports from January 1 to 31 are expected to total 944,000 tonnes, a 5.58% decrease compared to the same period last month, when exports totaled over 1 million tonnes.

04/02/2026 (Ukr Agro Consult) - Kenanga Futures analysts note that prices followed the overnight decline in competing edible oils. However, strong demand for tropical oil exports, lower production forecasts, and a weakening ringgit limit downside risks. Kenanga Futures sees support for palm oil futures at 4,140 ringgit per tonne and resistance at 4,280 ringgit per tonne. The Bursa Malaysia derivatives contract for April delivery fell 16 ringgit to 4,213 ringgit ($1,070.10) per tonne.