Archived News
20-01-2025
EU to Revise Palm Oil Rules After WTO Ruling in Favor of Indonesia
The European Union (EU) announced plans to revise its biofuel policies after the World Trade Organization (WTO) ruled that parts of its Renewable Energy Directive (RED II) unfairly discriminated against Indonesia's palm oil exports
20-01-2025
CPO prices to remain elevated in Q1 due to low inventory levels as at end-2024
Crude palm oil (CPO) prices are likely to remain elevated in the first quarter of 2025 (Q1 2025) due to low inventory levels as of the end of last year
20-01-2025
Championing sustainability and innovation globally
AS we leave 2024 further behind, FGV Holdings Bhd (FGV) can look back on a journey underpinned by its commitment to sustainability, ethical practices, pursuit of innovation and responsibility towards community empowerment
20-01-2025
Malaysia, UK hold first ministerial-led joint economic and trade committee meeting
Malaysia and the United Kingdom have held their first ministerial-led Joint Economic and Trade Committee (Jetco) meeting, marking the strengthening of already robust trade relations.
20-01-2025
CPTPP expands Malaysia-UK trade opportunities, says Anwar
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be a critical vehicle to expand and facilitate investment and trade between Malaysia and the United Kingdom (UK), says Anwar Ibrahim
20-01-2025
Profit-taking expected in CPO market next week
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see profit-taking next week as traders pare their positions ahead of the Chinese New Year celebrations, according to Interband Group of Companies' senior palm oil trader, Jim Teh
20-01-2025
Stronger together: Solidarity among oil palm producers
Among the various edible oil crops under agriculture, the oil palm stands out as the most efficient producer by far. The global oil palm area covers just about 26 million hectares, which represents less than 0.5% of the world’s agricultural land – or 5% to 6% of the total edible oil crop planted area globally. Despite its small footprint, oil palm produces more than 36% of global vegetable edible oil
20-01-2025
India’s palm oil imports to hit 5-year low on negative margins, say sources
India’s palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil’s premium over rivals drives buyers to more competitively priced soy oil, government and industry officials told Reuters
17-01-2025
Palm falls on weak rival oil prices, muted demand
17/01/2025 (Reuters), Jakarta - Malaysian palm oil futures fell for a third straight session on Thursday and ended at their lowest closing price in more than three months, dragged down by weakness in rival vegetable oils and muted demand.
17-01-2025
India’s palm oil imports to hit 5-year low on negative margins, say sources
16/01/2025 (Reuters), Mumbai - India’s palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil’s premium over rivals drives buyers to more competitively priced soy oil, government and industry officials told Reuters.
17-01-2025
CPO FUTURES CLOSE LOWER ON WEAKER SOYBEAN, CRUDE OIL PRICES
16/01/2025 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower again today on weaker soybean and crude oil prices.
17-01-2025
Indonesia pauses subsidies for palm oil biodiesel and replanting
16/01/2025 (Reuters), Jakarta - Indonesia is temporarily freezing the distribution of subsidies for mandatory palm oil biodiesel and replanting programmes, due to a reorganisation at its palm oil fund agency, an official said on Thursday.