Archived News

17/03/2026 (Bernama), Kuala Lumpur - Crude palm oil (CPO)futures on Bursa Malaysia Derivatives closed lower on Tuesday, following a sharp sell down in the Chicago Board of Trade's (CBOT)soybean oil market.

17/03/2026 (Bernama) - Manufacturer of housing equipment and construction material, Panasonic Housing Solutions Co Ltd, is exploring investment opportunities for its palm biomass based panels product, medium-density fibreboard (MDF).

17/03/2026 (New Straits Times), Kuala Lumpur - SD Guthrie Bhd is optimistic that higher crude palm oil (CPO) prices will more than offset rising costs should energy prices remain at current elevated levels amid a prolonged US-Iran conflict, said CIMB Securities Sdn Bhd.

17/03/2026 (Oils and Fats International Magazine) - Global vegetable oil prices rose in February driven by higher prices of palm, soyabean and rapeseed oils, more than offsetting lower sunflower oil quotations, according to the benchmark United Nations’ Food and Agriculture Organization (FAO) Food Price Index (FFPI) released on 6 March.

17/03/2026 (Ukr Agro Consult) - According to the National Data Center for Grain and Material Reserves, international CNF quotations and palm oil import prices in China rose significantly this week. On March 11, CNF import prices for 24-degree palm oil for March and April shipments were $1,187/tonne and $1,178/tonne, respectively, up $65-$81/tonne from the same period last week. This equates to a port tax of RMB 9,790/tonne and RMB 9,710/tonne in South China, up RMB 610-730/tonne from the same period last week.

17/03/2026 (Ukr Agro Consult) - According to David Ng, a trader at Iceberg X in Kuala Lumpur, palm oil prices rose amid stronger crude prices and higher export forecasts. The market expects increased exports due to the recent conflict in the Middle East, which is forcing importers to secure supplies amid uncertainty, as well as price discounts on palm oil, he adds.

16/03/2026 (Asia News Network), Dhaka - The apparent shortage of soyabean and palm edible oils in kitchen markets and retail shops across the country, which has pushed edible oil prices above maximum retail prices, appears opportunistic in light of the Middle East war and Ramadan-Eid festival period. According to media reports, the commerce ministry claims that the country has sufficient stock of edible oil, while domestic refiners say they are regularly supplying the usual quantities. Therefore, there should be neither a shortage nor a shortage-induced price hike.

16/03/2026 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures climbed for a fourth consecutive session on Monday, as stronger Dalian palm olein and strength in crude oil prices supported the market.

16/03/2026 (The Hindu Business Line) - Prices of palm oil shot up by 80 per cent from ₹12,000 a tonne to ₹21,546 in Telangana in the last 10 years, with the state government encouraging farmers to move away from the water-guzzling paddy to palm oil plantation.

16/03/2026 (Oils and Fats International Magazine) - Plantation conglomerate IOI Corp is expanding into higher-margin palm oil products, according to a New Straits Times article citing a report by Public Investment Bank (PublicInvest).

16/03/2026 (Biofuels International) - The EU imported significantly less palm oil between July 2025 and early March 2026 than in the same period a year earlier, reflecting an overall decline in intra-community consumption.

16/03/2026 (Bernama), Sandakan - Malaysia Maritime Enforcement Agency (MMEA) The Malaysian MaritimeEnforcement Agency (MMEA) seized a boat carrying about seventonnes of crude palm oil at 0.5 nautical miles northwest of UluSibuga here at 12.30 am yesterday.