Archived News
15-01-2025
CPTPP grants tariff-free access to UK market for Malaysian palm oil – Envoy
14/01/2025 (Bernama), London - Malaysian products, particularly palm oil, are expected to benefit from tariff-free access in the United Kingdom (UK) under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement.
15-01-2025
India's palm oil imports slump in Dec as soybean oil gains market share
14/01/2025 (The Economics Times) - India's palm oil imports dropped sharply in December as cheaper soybean oil from South America gained market share in the world's largest edible oil importing nation, industry data showed on Tuesday. Soybean oil imports more than doubled to 420,000 tonnes in December 2024 from 152,650 tonnes a year earlier, according to the Solvent Extractors' Association of India (SEA).
14-01-2025
CPO futures extend gains driven by stronger vegetable oil market in China
14/01/2025 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, extending its gains from last Friday.
14-01-2025
Malaysian palm oil higher on soyoil strength
14/01/2025 (Reuters), Jakarta - Malaysian palm oil futures closed higher on Monday, tracking strength in rival soyoil on Dalian and Chicago markets.
14-01-2025
Tighter supply deficits to support CPO prices in 1H25
14/01/2025 (The Star), Petaling Jaya - Tighter supply deficits for global edible oils will likely see crude palm oil (CPO) prices trading firm in the RM4,000-RM4,800 per tonne range for the first half of 2025 (1H25), according to analysts.
14-01-2025
Rising production, Indonesia’s biodiesel delays likely to weaken CPO prices — analysts
13/01/2025 (The Edge Malaysia), Kuala Lumpur - Rising production and delays in implementing biodiesel mandates in Indonesia may weaken palm oil prices beyond the first quarter of 2025, even as latest data show a 19-month low stockpile, analysts say.
14-01-2025
MALAYSIA TO POSITION PAKISTAN AS PALM OIL HUB FOR CENTRAL ASIA · MPOB
13/01/2025 (Bernama), Putrajaya - Malaysia is keen to position Pakistan as a strategic distribution hub for palm oil exports to Central Asia, capitalising on the country's strategic location and its proximity to emerging high-growth markets, the Malaysian Palm Oil Board (MPOB) said.
13-01-2025
Elevated CPO prices expected to decline post-Q1 2025: analysts
13/01/2025 (New Straits Times), Kuala Lumpur - The elevated crude palm oil (CPO) prices are unlikely to persist beyond the first quarter of 2025, analysts say.
13-01-2025
Bullish bias predicted for CPO futures next week
12/01/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, according to palm oil dealer David Ng.
13-01-2025
Malaysia advances palm oil sustainability with MSPO certification and circular economy practices
12/01/2025 (New Straits Times), Kuala Lumpur - Malaysia has strengthened its dedication to sustainability in the palm oil sector through initiatives such as the Malaysian Sustainable Palm Oil (MSPO) certification and the adoption of circular economy practices.
13-01-2025
Malaysia's palm oil exports slip 9.97% to 1.34mil tonnes in Dec – MPOB
10/01/2025 (Bernama), Kuala Lumpur - Malaysia’s palm oil exports in December 2024 fell 9.97 per cent to 1.34 million tonnes from 1.49 million tonnes in the preceding month, according to the Malaysian Palm Oil Board (MPOB).
13-01-2025
Palm tracks Chicago soyoil higher but set for second weekly loss
10/01/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures edged higher on Friday, tracking stronger Chicago soyoil, but were set for a second consecutive weekly loss.