Archived News

27/02/2025 (The Edge Malaysia), Kuala Lumpur - SD Guthrie Bhd (KL:SDG) said on Thursday that palm oil prices may moderate this year as favourable weather conditions boost output in Indonesia and Papua New Guinea.

27/02/2025 (Chem Analyst) - In february 2025, the United States experienced a significant surge in palm kernel oil (PKO) import prices, driven by global supply disruptions and evolving trade policies. One of the primary contributors to this anticipation of consistent rise in overseas inquiries from end-user sectors, limited inventories among the traders and the price increase due to the anticipated operational halt of Malaysia's FGV Holdings Berhad, a leading palm oil producer. The company witnesses suspended its plantation activities from February 10 to February 28, 2025, due to unforeseen circumstances, leading to a notable reduction in Malaysia’s palm oil and palm kernel oil output. This supply contraction is set to tighten global supply chains, exerting upward pressure on prices.

26/02/2025 (The Edge Malaysia), Kuala Lumpur - Prices of crude palm oil (CPO) futures contracts are expected to drop after the Ramadan season as production picks up, according to industry expert Dorab Mistry, director of Godrej International Ltd.

26/02/2025 (Business Standard) - A recovery in palm oil production and lower imports by price-sensitive consumers are expected to drive prices lower, chipping away the premium of the tropical oil over rivals, even as top producer Indonesia boosts biodiesel production.

26/02/2025 (Reuters), Kuala Lumpur - Palm oil's price premium over soyoil is expected to decrease within the next one to three months, as higher prices have been moderating demand in key consuming markets such as India, leading industry analyst Thomas Mielke said on Wednesday.

26/02/2025 (Reuters), Kuala Lumpur - One of the world's biggest palm oil producers, FGV Holdings, expects output to rise between 1% and 3% in 2025 on the year, boosted by improvements in yields and oil extraction rate, its chief executive told Reuters on Wednesday.

26/02/2025 (New Straits Times), Kuala Lumpur - Hap Seng Plantations Holdings Bhd's net profit surged fourfold in the fourth quarter, driven by higher average selling prices (ASPs) and sales volume of crude palm oil (CPO).

26/02/2025 (Indonesia Business Post) - Indonesia has secured a victory in an international trade dispute at the World Trade Organization (WTO) after the WTO Dispute Settlement Body (DSB) adopted the final report on case DS593 concerning the European Union’s (EU) policies on palm oil and palm oil-based biofuels.

26/02/2025 (New Straits Times), Kuala Lumpur - The first Artificial Intelligence (AI)-powered palm oil mill in Malaysia has demonstrated significant cost savings and reduced reliance on foreign labour, saving an average of RM16 million a year and a 33 per cent reduction in foreign workers.

25/02/2025 (Free Malaysia Today), Kuala Lumpur - Palm oil supplies are likely to remain tight for the next two to three months as floods have affected production in the world’s top two producers, Indonesia and Malaysia, a leading palm oil producer told Reuters today.

26/02/2025 (The Star), Kuala Lumpur - The oil palm industry will need to urgently address the issue of falling palm oil yields, according to palm oil players.

25/02/2025 (The Edge Malaysia), Kuala Lumpur - IOI Corp Bhd (KL:IOICORP) on Tuesday posted a 67% year-on-year drop in its net profit for the second quarter as a surge in palm oil prices was overshadowed by paper losses.