Archived News

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.

04/02/2025 (The Edge Malaysia), Kuala Lumpur - Malaysia needs to shift to high-value products like oleochemicals and biodiesel rather than just relying on crude palm oil (CPO) exports without a solid value-added strategy, according to Paya Besar Member of Parliament Datuk Mohd Shahar Abdullah.

04/02/2025 (Jakarta Globe), Jakarta - Indonesia is sticking to the plan of distributing biodiesel with higher palm oil content starting in 2026.

04/02/2025 (Reuters), Mumbai - India's palm oil imports in January plunged to their lowest level in nearly 14 years as refiners replaced the tropical oil with cheaper rival soyoil because of negative refining margins for palm oil, five dealers said.