Archived News

World food commodity prices rose in July to their highest in over two years, as a jump for vegetable oils and record levels for meat outweighed falling cereal, dairy and sugar prices, the United Nations' Food and Agriculture Organization said.

The Indian Vegetable Oil Producers’ Association (IVPA) and the Indonesian Palm Oil Association (GAPKI) have signed a three-year agreement to deepen economic ties and ensure food security, Free Press Journal reported

07/08/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures fell on Thursday, extending losses from the previous session, amid concerns over rising inventories and production, while weak export demand further pressured the market.

07/08/2025 (Asian News Network), Petaling Jaya - Crude palm oil (CPO) prices are facing renewed pressure as stockpiles climb to a 19-month high, raising concerns over the earnings outlook for plantation players.

07/08/2025 (The Edge Malaysia), Kuala Lumpur - SD Guthrie Bhd’s (KL:SDG) net profit grew 21.7% in the second quarter ended June 30, 2025 (2QFY2025) from a year ago, thanks to higher crude palm oil (CPO) and palm kernel (PK) prices and output.

07/08/2025 (Oils & Fats International) - Nine major European retailers are ranked among the EU’s highest scoring members for their commitment to advancing certified sustainable palm oil (CSPO), European Supermarket Magazine wrote.

07/08/2025 (UkrAgroConsult) - Nepal’s exports grew by 72.71% in the 10 months of the current fiscal year to mid-May, reaching USD 1.55 billion (NPR 217.91 billion), largely due to re-exports of soybean, sunflower and palm oils, which the country imports because its own production does not even cover domestic demand. Excluding oils, exports amounted to USD 0.91 billion, indicating their significant impact. Exports of soybean oil increased 90-fold to USD 0.56 billion (374,086 tonnes), while imports of crude soybean oil amounted to USD 0.58 billion (539,549 tonnes) from Argentina, Brazil, Ukraine and other countries.

06/08/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed lower today due to concerns about rising domestic production and inventory levels in the coming weeks.

06/08/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures slipped on Wednesday, weighed by weaker Chicago soyoil prices and sluggish demand from key markets, though gains in Dalian soyoil helped limit the losses.

06/08/2025 (Jakarta Globe), Jakarta - Indonesia and the US are still negotiating lower tariffs on palm oil although it is only one day away before Washington’s duty hikes come into effect.

06/08/2025 (The Edge Malaysia), Kuala Lumpur - The Public Accounts Committee (PAC) will summon the Malayan Edible Oil Manufacturers’ Association (MEOMA) as part of its investigation into the management of price controls and subsidised cooking oil.

06/08/2025 (CNN Business) - As the palm oil industry evolves, Malaysia’s smallholders are helping shape a more sustainable future, grounded in collaboration and community.