Archived News

29/07/2025 (Deccan Herald), Mumbai - Indian importers have bought a record 150,000 metric tons of soyoil from China in rare purchases, as a supply glut prompted Chinese crushers to sell at a discount to India's traditional suppliers from South America, four trade sources said.

28/07/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed lower today, weighed by Malaysian palm oil's weaker export performance in July.

28/07/2025 (Bernama), New Delhi - The Malaysian Palm Oil Board (MPOB) expects palm oil exports to recover in the second half of this year due to stronger festival season demand in key markets.

28/07/2025 (Jakarta Globe), Jakarta - Chief Economic Affairs Minister Airlangga Hartarto said Monday that Europe would let Indonesia sell its palm oil at 0 percent tariff as part of a last-minute trade deal negotiation.

28/07/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures opened lower on Monday for a second session, tracking weakness in rival edible oils, although stronger crude oil prices capped the fall.

28/07/2025 (UkrAgroConsult) - The Malaysian Palm Oil Board (MPOB) forecasts that the country’s palm oil production will increase from 19.3 million tonnes in 2024 to 19.5 million tonnes in 2025, driven by an increase in labor supply. In addition, the country, which is the world’s second-largest palm oil producer, will increase its imports to 17 million tonnes in 2025.

Oil prices rose on Monday after the United States reached a trade deal with the European Union and may extend a tariff pause with China, reducing concerns that potentially higher levies would limit economic activity and impact fuel demand

According to Kyari, the new move is to revamp and position the oil palm subsector for global competitiveness and attract more investors based on the huge potential Nigeria has in the value chain, and already playing a key role in that regard

Indonesia is rushing to complete several trade deals to diversify its export market as a hedge against the impending tariff from the US, in a move welcomed by industry players.

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a downward bias next week due to profit-taking from the recent rally.

Malaysian palm oil futures ended more than 1% lower on Friday, snapping a three-week rally, as traders booked profits and concerns over rising output amid sluggish demand weighed on prices.

24/07/2025 (Bernama), Kuala Lumpur - Malaysia can become a global food producer by emulating its success in the palm oil and rubber industries, according to the Malaysian Institute of Economic Research (MIER).