Archived News

06/02/2025 (Indonesia Business Post) - The Indonesian Palm Oil Association (GAPKI) says that Indonesia needs to have extended oil palm plantations to meet the needs of the mandatory program of mixing fuel oil (BBM) and biofuel (BBN) by 50 percent or B50 up to B100.

06/02/2025 (Bernama) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday for the second straight day, driven by weaker output expectations.

07/02/2025 (The Daily Star) – Kitchen markets, including those in the capital Dhaka, are facing a shortage of both branded bottled and non-branded loose soybean oil, prompting prices to spike and causing frustration among consumers already struggling with stubbornly high inflation.

06/02/2025 (Business Standard) - From packaged foods to personal care products, palm oil is an irreplaceable ingredient that makes modern life possible. Hence, as a country that is the world’s biggest importer of crude edible palm oil and accounts for 38 per cent of global palm oil consumption, achieving self-sufficiency in palm oil production is not only essential for reducing the considerable foreign exchange burden but also for enhancing sustainability in palm oil consumption. It is through the launch of the National Mission on Edible Oil - Oil Palm (NMEO-OP) in 2021 that India kickstarted its crucial journey towards self-reliance in edible oils.

05/02/2025 (The Sun), Petaling Jaya – Industry experts opine that an increase in Indonesia’s crude palm oil (CPO) export levy will enhance demand for Malaysian CPO rendering it more competitively priced.

05/02/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives rebounded to close higher, driven by gains in soybean oil and market optimism over India’s renewed palm oil purchases to replenish stocks.

05/02/2025 (Chem Analyst News) - In a significant transformation of global vegetable oil markets, India's palm oil imports have plummeted to their lowest levels in over a decade, according to the media sources. The dramatic decline, reaching a multi-year low last month, signals a major shift in the purchasing strategy of the world's largest vegetable oil buyer.

06/02/2025 (The Kathmandu Post) - Nepal’s soyabean oil exports to India have seen an astonishing 45-fold increase in the first half of the current fiscal year, even though Nepal produces very little soyabean itself.

05/04/2025 (The Star Online), Kuala Lumpur - Palm oil production in Malaysia likely fell to an 11-month low in January as heavy rains pummelled estates, and more storms ahead could compound the problem.

04/02/2025 (The Star Online), Petaling Jaya - The government should reconsider its decision to mandate a 2% Employees Provident Fund (EPF) contribution for foreign workers, say palm oil industry players.

04/02/2025 (New Straits Times), Kuala Lumpur - The Plantation and Commodities Ministry is committed to ensuring that all oil palm plantations have sufficient manpower, says its minister, Datuk Seri Johari Abdul Ghani.

04/02/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivates fell on Tuesday, reversing the gains made the previous day.