Archived News

26/11/2024 (Reuters), NAPERVILLE, Illinois -Despite its status as the world's most plentiful vegetable oil, palm oil is no longer the cheapest, as supply concerns have pushed up prices by nearly 30% this year.

25/11/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a three-day losing streak to close higher on Monday, due to stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

25/11/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures opened higher on Monday after three consecutive sessions of declines, buoyed by stronger rival vegetable oils.

25/11/2024 (The Edge Malaysia), Kuala Lumpur - Sarawak Plantation Bhd (KL:SWKPLNT) is expected to see a strong performance in the fourth quarter ending Dec 31, 2024 (4QFY2024) on the back of rising crude palm oil (CPO) prices and operational improvements, said analysts.

25/11/2024 (Food Navigator) - In Thailand, an unconventional palm oil supply chain makes traceability, and therefore EUDR certification, much more difficult.

25/11/2024 (Chemanalyst) - The prices of Biodiesel witnessed a surge in the USA market in the week ending on 22nd November 2024. The Biodiesel prices were observed to show a bullish market trend after remaining stable for the past few weeks due to various reasons affecting the demand and supply dynamics of Biodiesel in the market.

25/11/2024 (Business World) - The edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and crude soybean oil.

25/11/2024 (Reuters) - Rapeseed and mustard planting in India is set to drop despite higher prices, as above-average temperatures during the sowing season prompt farmers to switch to crops less affected by heat and which offer equally good returns, industry officials told Reuters.

25/11/2024 (The Star), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias this week, driven by potential bargain-buying activity after the recent selldown, a dealer says.

24/11/2024 (ANTARA), Pelalawan, Riau - The Environment Ministry is currently preparing regulations related to the utilization of methane from palm oil industry waste, including government incentives and disincentives in its implementation, to support the carbon trading climate in the country.

25/11/2024 (Times of India), Ahmedabad - The edible oil prices rose significantly over the past three months under the influence of international market conditions and a rise in duties, according to industry experts. All varieties of edible oils witnessed an increase exceeding Rs 100 per 15 kg during the previous month, with palm oil prices reaching close to that of cottonseed oil for the first time.

25/11/2024 (The Edge Malaysia) - Today’s consumers are increasingly aware of how the choices they make may have an impact on the world they live in. Concerned about their health as well as the potential environmental and social consequences of their purchases, these advocates of change actively seek out food products that align with their values. This growing awareness has led to rising demand for sustainably produced palm oil.