Archived News

19/03/2025 (Reuters), Jakarta - Indonesia will raise its palm oil export levy to between 4.5% and 10% of the crude palm oil reference price, up from 3% to 7.5%, to finance a mandated increase in the amount of the oil used in biodiesel, a plantation fund official said on Tuesday.

18/03/2025 (Reuters), Jakarta - Malaysian palm oil futures closed lower on Monday, tracking movement of rival edible oils at the Dalian market, while poor export data weighed down and capped gains.

17/03/2025 (Reuters), Jakarta - Indonesia's trade surplus was bigger than expected in February as a surge in palm oil shipments bolstered exports, data showed on Monday, extending a strong start to the year even as the spectre of tariff wars dimmed the outlook for global trade.

17/03/2025 (The Edge Malaysia), Kuala Lumpur - Malaysian palm oil price is expected to range between RM4,400 and RM4,600 per tonne in March, with emerging markets, such as Sub-Saharan Africa, filling the gap in demand from key buyers, like India and China.

18/03/2025 (The Straits Times), Singapore - First Resources’ majority-owned subsidiary Ciliandra Perkasa on March 18 entered a conditional shares purchase agreement to buy 3.1 billion shares or 91.2 per cent of the issued and paid-up capital of Austindo Nusantara Jaya for US$329.8 million (S$439.4 million).

16/03/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures inched higher on Friday but logged a weekly loss as profit-taking and weak demand in key destination countries kept the market under pressure.

14/03/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher amid firmer prices in China's Dalian palm olein and soybean oil market, said palm oil trader David Ng.

16/03/2025 (The Borneo Post) - Recently, I had the pleasure of reconnecting with an old colleague from Ebor Research, a man many lovingly call Uncle Chung Gait Fee – a name that echoes through the halls of crop protection especially for oil palm like a legend in his own right.

17/03/2025 (IANS) - BJP MP from Surat Lok Sabha constituency, Mukesh Dalal, has raised alarm over a sharp rise in soybean oil imports from Nepal, which he claims is being facilitated by China.

13/03/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher, tracking the stronger soybean oil prices, said palm oil trader David Ng.

14/03/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures settled higher on Thursday, underpinned by lower production levels, although persisting concerns over demand from key importing countries capped gains.

13/03/2025 (Bernama), Kuala Lumpur - About 70 to 80 per cent of the local palm oil smallholders already complied with the European Union Deforestation Regulation (EUDR), said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.