Archived News

Total trade between Malaysia and Bahrain expanded to RM1.19 billion (US$260 million) in 2024, compared to RM1.5 billion (US$330 million) in 2023.

Indonesian exporters of renewable feedstocks are looking at various alternatives, from ignoring tax notices to considering legal options and creative labeling, to continue trade as Jakarta clamps down on the export of palm oil mill effluent oil and used cooking oil, market participants said this week

Malaysian palm oil futures recouped the session’s earlier losses to settle higher on Monday, while weakness in soyoil prices and lower palm oil exports estimates for the first two weeks of February capped gains.

India's edible oil market is witnessing a significant shift, with palm oil imports hitting a 13-year low while soybean oil gains popularity due to its cost advantage.

Malaysian palm oil futures fell on Monday, pressured by weaker rival Dalian oils, lower crude oil prices and a reduced export forecast in the first two weeks of February.

Indonesia has set a target to replant 120,000 hectares of smallholders' palm oil plantations and up to 10,000 hectares of smallholders' cocoa plantations this year, the chief executive of the state plantation fund said on Monday.

Malaysian palm oil futures recouped the session’s earlier losses to settle higher on Monday, while weakness in soyoil prices and lower palm oil exports estimates for the first two weeks of February capped gains.

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, driven by higher palm olein prices on the Dalian Commodity Exchange, said palm oil trader David Ng

Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade slightly lower this week due to recent export weakness, says palm oil trader David Ng.

The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association has reassured consumers and traders that there is no supply shortage of bottled edible oil in the local market

The government is likely to reduce value-added tax (VAT) on imports, processing and trading of soybean and palm oil to contain the prices of the essential, the commerce ministry said in a statement

Malaysian palm oil futures ended higher on Friday and logged a fourth straight weekly gain, as lower stocks supported the market despite demand concerns and uncertainties surrounding Indonesia’s biodiesel mandate.