Archived News

06/01/2025 (Oils and Fats International) - Malaysian exports of palm oil and related products totalled US$22bn (MYR99.3bn) in January-November 2024, an increase of US$2.8bn (MYR12.5bn) compared to the same period the previous year, The Edge Malaysia wrote.

06/01/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday, as concern over weak exports continued to pressure prices, said palm oil dealer David Ng.

06/01/2025 (The Jakarta Post) - One of the five most important points of policy President Prabowo Subianto made at the National Development Planning Consultation in Jakarta on Dec. 30 urges massive expansion of oil palm plantations because of the strategic role of this commodity in the Indonesian economy and in the global supply of vegetable oil.

04/01/2025 (The Edge Malaysia) - Founded on April 8, 2004, by six visionary organisations (Aarhus United, Karlshamns, Malaysian Palm Oil Association, Migros, Unilever and WWF), the Roundtable on Sustainable Palm Oil (RSPO) has made unprecedented progress in spearheading the global production and use of sustainable palm oil that is aligned to the triple bottom-line philosophy embracing social justice, environmental protection and economic viability.

04/01/2025 (New Straits Times), Kuala Lumpur - The agricultural commodities, a key sector for the Malaysian economy, has seen robust growth in 2024 and is poised for further growth especially for palm oil this year, industry officials and observers said.

03/01/2025 (The Star Online), Kuala Lumpur - The implementation of Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) reinforces Malaysia’s leadership in sustainable palm oil production and strengthens its position in the global markets, said the Malaysian Palm Oil Council (MPOC).

04/01/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a slight bullish bias next week, given the seasonally strong fundamentals, a dealer said.

03/01/2025 (The Star Online), Petaling Jaya - The second cycle of the Malaysian Sustainable Palm Oil (MSPO 2.0) certification, which came into effect on Jan 1, will inevitably translate to higher cost for oil palm planters but it will be minimal.

02/01/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its loss to close lower on Thursday as a delay in the implementation of Indonesia’s B40 biodiesel programme caused market uncertainty, a dealer said.

02/01/2025 (New Straits Times), Kuala Lumpur - The Plantations and Commodities Ministry has warned against discriminatory labelling of palm oil, stating that action will be taken against companies found in violation.

02/01/2025 (The Edge Malaysia), Jakarta - Indonesia has yet to implement a higher mandatory blend of biodiesel planned for Jan 1 as industry participants await technical details of the new regulation, causing confusion among palm oil traders.

02/01/2025 (The Star Online), Jakarta - President Prabowo Subianto says Indonesia should develop more palm oil plantations and should not be concerned about deforestation accusations from other countries.