Archived News

(The Jakarta Post) - India's palm oil imports in April slumped 30 percent from a month earlier to hit a 14-month low, as the premium over rival soft oils prompted buyers to shift to sunflower oil and soyoil, a trade body said on Friday.

NEW DELHI: India imported more than 1.5 million tonnes of palm oil from Malaysia over the last six months.

KUALA LUMPUR: There may still be opportunities to accumulate fundamentally sound plantation counters that have benefited from the high crude palm oil (CPO) prices in the past one year, says UOB Kay Hian (UOBKH) Research.

Indonesia’s biofuel program was supposed to be a boon for small farmers. But although the country’s biodiesel production has skyrocketed, many farmers complain that the program hasn’t benefited them. Farmers are still struggling to become part of the biodiesel supply chain, which is dominated by large palm oil firms.

NAPERVILLE, Illinois, May 14 (Reuters) - Speculators made relatively minor changes to their Chicago grain and oilseed positions before the large U.S. government data release on Friday, which gave way to some multi-month or multi-year lows across the board.

11/05/2023 (New Straits Times), Kuala Lumpur - Affin Hwang Investment Bank Bhd said production of crude palm oil (CPO) in Malaysia will rise starting in May and maybe reach a peak in September or October of this year.

11/05/2023 (Malay Mail) - Malaysia and Indonesia will carry out a joint mission to Brussels, the de facto capital of the European Union (EU), at the end of the month over the EU Deforestation Regulation (EUDR), said Deputy Prime Minister and Minister of Plantation and Commodities Datuk Seri Fadillah Yusof today.

11/05/2023 (New Straits Times), Putrajaya - Malaysia will meet leaders of the European Union (EU) member states in Brussels, Belgium at the end of this month to ensure that palm oil products exported to the EU are not banned with the implementation of the European Union Deforestation-free Regulation (EUDR).

10/05/2023 (Times of India), Kuala Lumpur - Malaysian palm oil prices can rise above 4,000 ringgit per tonne in the second half of 2023 as the El Niño weather pattern develops, industry analyst Dorab Mistry said on Wednesday.

10/05/2023 (New Straits Times), Kuala lumpur - Palm oil produced by smallholders under the Federal Land Development Authority (Felda) will not be affected by the European Union Deforestation-free Regulation (EUDR), said European Union (EU) ambassador to Malaysia, Michalis Rokas.

10/05/2023 (Free Malaysia Today), Petaling Jaya - Palm oil produced by Federal Land Development Authority (Felda) smallholders will not be affected by the European Union Deforestation-free Regulation (EUDR), said the EU ambassador to Malaysia, Michalis Rokas.

KUALA LUMPUR: Malaysia’s total palm oil stocks fell 10.54 per cent to 1.50 million tonnes in March from 1.67 million tonnes in the previous month.