Archived News

04/05/2023 (Business Standard) - The Centre on Thursday asked edible oil companies to cut the prices of cooking oils in line with the fall in global prices for the benefit of consumers.

05/05/2023 (The Hindustan Times) - The Centre on Thursday reviewed edible-oil prices, asking sellers and processors to cut retail rates immediately.

04/05/2023 (Nasdaq), Jakarta - Indonesia will narrow the scope of crude palm oil (CPO) products traded on a planned exchange it hopes to launch by June, a regulator said on Thursday.

03/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended early gains on Tuesday, recouping losses from last week after the market suffered its deepest drop in seven months on weak demand amid increased Indonesian supply.

04/05/2023 (Live Mint), New Delhi - The decline in the price of edible oil should be passed on to consumers expeditiously, Union food and public distribution secretary Sanjeev Chopra on Thursday told the leading industry representatives during a meeting.

04/05/2023 (Business Wire), Seoul, South Korea - -Dabeeo Inc., a geospatial information technology company based on AI, has announced its plan to introduce AI analysis technology using ultra-precision (30cm-level) satellite images to monitor palm tree plantations in Malaysia.

02/05/2023 (Asian News Network), Jakarta - As oil palm plantations can be a significant contributor to rural livelihoods in Indonesia, the government has been capitalizing on this commodity and strengthening Indonesia’s position as the global leader in palm oil production by expanding plantations. As land for new plantation investment has become scarce in Kalimantan and Sumatra, plantation developers are looking east to acquire land in Papua.

2/5/2023 (The Jakarta Post), Jakarta - As oil palm plantations can be a significant contributor to rural livelihoods in Indonesia, the government has been capitalizing on this commodity and strengthening Indonesia’s position as the global leader in palm oil production by expanding plantations. As land for new plantation investment has become scarce in Kalimantan and Sumatra, plantation developers are looking east to acquire land in Papua.

02/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures extended early gains on Tuesday, recouping losses from last week after the market suffered its deepest drop in seven months on weak demand amid increased Indonesian supply.

02/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended early gains on Tuesday, recouping losses from last week after the market suffered its deepest drop in seven months on weak demand amid increased Indonesian supply.

02/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures gained ground on Tuesday, recouping losses after the market suffered its deepest monthly drop in seven on weak demand amid larger Indonesian supply.

01/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose on Tuesday, recouping losses after the market suffered its deepest monthly loss in seven on weak exports and larger Indonesian supply.