PALM NEWS MALAYSIAN PALM OIL BOARD Saturday, 31 May 2025

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WORLD  
  23-01-2025

A palm oil company partners with its trade union to improve the local community

Ani and her five colleagues represent the union and the company in a forum called the Bipartite Cooperation Institution (LKS Bipartit). This forum allows the company and workers to represent the interests of thousands of employees working in the palm oil plantation, processing sector, as well as farmers and communities part of the “plasma scheme” of the company.

OILS & FATS  
  23-01-2025

Palm retreats on weak export demand, stronger ringgit

Malaysian palm oil futures snapped a three-session rally on Wednesday, weighed down by cargo surveyor data showing weak export demand and a stronger ringgit

LOCAL  
  23-01-2025

IOI Corp unveils new roadmap to be be a global leader in "green" palm products, ingredients

IOI Corporation Bhd has unveiled a five-year strategic roadmap for 2025-2029, showcasing its ambitious vision to establish itself as a global leader in sustainable palm products and ingredients.

WORLD  
  23-01-2025

Exploring the wonders of African red palm oil

African red palm oil is a dynamic, nutrient-dense vegetable oil that has held a cherished place in the hearts (and kitchens!) of West African communities for generations

WORLD  
  22-01-2025

Malaysia-EU trade talks key to new opportunities amid global shifts

Malaysia's free trade agreement talks with the European Union (EU) are timely to help local businesses gain greater access there amid significant changes in the global trade environment, economists said.

MARKET DEVELOPMENT  
  22-01-2025

Malaysian palm oil futures rise

Malaysian palm oil futures climbed for a third straight session on Tuesday, supported by strength in Dalian and Chicago vegetable oils

OILS & FATS  
  22-01-2025

Budget 2025: SEA urges govt to regulate import of refined edible oils

Industry body SEA on Tuesday urged the government to regulate import of refined edible oils, restrict duty-free inbound shipments of finished products like soaps and noodles, and impose 5 per cent GST on de-oiled rice bran.

OILS & FATS  
  22-01-2025

Palm oil prices to average higher in 2025 on Indonesia biodiesel demand: Reuters poll

Malaysian crude palm oil (CPO) futures are expected to average higher in 2025 than last year, as top producer Indonesia boosts palm oil-based biodiesel consumption, although competition from cheaper rivals is expected to limit the upside, a Reuters poll showed.

MARKET DEVELOPMENT  
  22-01-2025

Sharp increase in Italian Pome imports continue

Italian Pome imports under the 15220099 import code rose to 205,000t in January-November from 65,000t on the year. There is some lack of clarity on whether imports have increased or suppliers have improved adherence to import codes. November imports more than doubled on the year to over 12,000t (see chart).

MARKET DEVELOPMENT  
  22-01-2025

Palm oil rises for third straight session, tracks rival oils higher

Malaysian palm oil futures climbed for a third straight session on Tuesday, supported by strength in Dalian and Chicago vegetable oils, although gains were limited by a drop in exports so far this month.

WORLD  
  22-01-2025

Indonesia welcomes WTO ruling on EU curbs on palm oil biofuel

Indonesia, the world’s largest palm oil producer, brought the case to the WTO dispute body in 2019 after the EU decided that palm oil-based diesel would not be considered a biofuel due to its link to deforestation and its use in transport fuel would be phased out between 2023 and 2030, according to the Indonesian News Agency Antara

WORLD  
  22-01-2025

Malaysia's palm oil sustainability efforts lauded by EU

It was reported that the EU's pending anti-deforestation law presents both challenges and opportunities for Malaysia's palm oil industry