Archived News

31/07/2025 (Chem Analyst News) - In a bold move to bolster food security and reduce dependency on imported edible oils, the Nigerian government has unveiled a comprehensive strategy aimed at doubling the country’s soybean cultivation by the year 2027. This plan, launched under the newly introduced National Soybean Production Policy and Strategy, seeks to expand the current soybean-farmed area from under one million hectares to two million hectares. This expansion is expected to yield an additional 460,000 metric tons of soybeans annually, addressing a significant portion of the nation’s production deficit.

31/07/2025 (Deccan Chronicle), Delhi - Indian vegetable oil importers are ramping up palm oil purchases ahead of the festival season as declining global prices make it cost-effective to meet expected demand surge during the festive period, according to the Indian Vegetable Oil Producers' Association (IVPA).

30/07/2025 (Bernama), Kuala Lumpur - Malaysia’s palm oil exports to the United States (US) increased by 51.8 per cent to 93,000 metric tonnes from January to May 2025, compared to 61,000 metric tonnes during the same period last year.

30/07/2025 (Ukr Agro Consult) - The European Union and Indonesia, within the framework of the concluded trade agreements, have agreed on palm oil supplies with a customs rate of 0%, reports the Jakarta Globe.

30/07/2025 (Directors Tal Interviews) - A shift at the heart of global vegetable oil markets is capturing investor attention as Malaysian palm oil futures edge higher, not because of dramatic news, but due to an evolving interplay with rival oils, trade patterns and currency trends.

31/07/2025 (The New Indian Express), Bengaluru - In response to the collection of more than 32.68 lakh litres of used cooking oil across Karnataka over the last two years, the state Food Safety and Drug Administration (FDA) on Wednesday issued fresh directions to edible oil manufacturers, hotels, and bakeries to strengthen compliance with food safety norms.

30/07/2025 (Ukr Agro Consult) - From the beginning of the current season (July 1, 2025) to July 27, EU countries imported 267.8 tons of vegetable oils, which is 38% less than in the same period last season. This was reported by the Zerno On-Line agency with reference to the European Commission.

29/07/2025 (South China Morning Post) - Indonesia and Malaysia have agreed to work together to counter negative campaigns against their vital palm oil exports and bolster protection for migrant labour, as the Southeast Asian neighbours brace themselves for slowing growth under looming US tariffs.

29/07/2025 (New Straits Times), Kuala Lumpur - Malaysian palm oil futures fell for a third consecutive session on Tuesday, weighed down by weaker Dalian palm olein and Chicago soyoil, although gains in crude oil prices limited the decline.

29/07/2025 (Ukr Agro Consult) - Malaysia has consolidated its position in India’s edible oil market, raising its share of palm oil to 35 per cent during the first half of 2025, MPOC stated. The council put this steep increase down to greater demand, price competitiveness, and a rebound in monthly export volumes.

29/07/2025 (Indonesia Expact) - Palm oil is one of the world’s most widely used vegetable oils, found in everything from cooking oil and cosmetics to biodiesel and processed foods. Its versatility and low cost of production have made it a cornerstone of global agriculture, but also a topic of environmental concern and sustainability debates.

29/07/2025 (Business World) - Marking a healthy improvement, Crude Palm Oil (CPO) production has risen from 1.91 lakh tonne in 2014-15 to 3.80 lakh tonne in 2024-25, the Centre told Parliament. Till March 2025, 1.89 lakh hectare had been covered under the National Mission on Edible Oils - Oil Palm (NMEO-OP), taking the total coverage under oil palm in the country to 5.56 lakh hectare.