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Indonesia is hoping to ink a trade pact with Canada later this year, although the two governments have yet to set a date, according to a senior official on Monday.

The government has reduced the retail price of loose palm oil by Tk 19 per litre, bringing it down from Tk 169 to Tk 150, following a decline in prices on the international market.

Production in Malaysia, the world’s largest palm oil producer after Indonesia, is expected to pick up seasonally before peaking in September-October and keep stockpiles elevated, according to BIMB Securities and Apex Securities. Both kept their sector rating on ‘neutral’ in line with the consensus

In 2024, Malaysia exported a total of 15.39 million metric tonnes of palm oil, said Plantation and Commodities Minister Datuk Seri Johari Ghani

Malaysia’s crude palm oil (CPO) exports remain vital to sustaining the country’s competitive edge in global markets, particularly against Indonesia.

US President Donald Trump announced on his Truth Social platform that he had signed an executive order suspending the imposition of higher tariffs until 12:01am EST (0501 GMT) on Nov 10, with all other elements of the truce to remain in place

Malaysia's palm oil stocks rose for a fifth consecutive month in July to their highest level in almost two years as production growth outpaced exports, data from the industry regulator showed on Monday

Malaysia’s palm oil exports increased by 3.82 per cent month-on-month (m-o-m) to1.30 million tonnes in July from 1.26 million tonnes in June, according to the Malaysian Palm Oil Board (MPOB).

In response to a growing number of “No Palm Oil” marketing campaigns by select food brands, Dr. Rajeev Churi, National President of the Oil Technologists’ Association of India (OTAI), has expressed concern over what he describes as the deliberate exploitation of consumer sentiment through fear-based messaging.

Head of the National Research and Innovation Agency (BRIN) Laksana Tri Handoko emphasized his full support for the down-streaming of palm oil to create value-added derivative products

Oil prices rose on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would disrupt their economies and crimp fuel demand in the world’s two largest oil consumers.

U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.