Archived News

07/05/2026 (Jago News 24) - The government has approved the import of 20 million litres of refined soybean oil from Indonesia at a cost of over Tk 282 crore to supply subsidised edible oil under the Trading Corporation of Bangladesh (TCB) family card programme for low-income households.

06/05/2026 (Ukr Agro Consult) - The Soybean Processors Association of India (SOPA) has called on the government to reinstate standardized packaging sizes for edible oils, citing increasing consumer confusion and misleading practices. The appeal was formally submitted to the Department of Consumer Affairs under the Ministry of Consumer Affairs, Food and Public Distribution, with support from several industry associations.

06/05/2026 (New Straits Times), Mumbai - Malaysian palm oil prices are likely to rise about 12 per cent to 5,200 ringgit (US$1,316) a metric ton by mid-July, as higher energy prices from the US.-Israeli war on Iran boost biodiesel demand and tighten supplies, analyst Dorab Mistry said on Wednesday.

06/05/2026 (Oils and Fats International) - Indonesian domestic consumption of palm-based biodiesel totalled 3.9bn litres in the year to date up to 13 April, an energy ministry official was quoted as saying in a Hydrocarbon Processing report.

06/05/2026 (The Edge Malaysia) - Rising geopolitical tensions between the US and Iran are sending shockwaves through global commodity markets, triggering an energy-driven supply squeeze that is rapidly reshaping the outlook for palm oil.

06/05/2026 (Ukr Agro Consult) - According to David Ng, a trader at Iceberg X in Kuala Lumpur, crude palm oil prices have risen again, supported by stronger soybean oil and crude oil prices. Expectations of declining inventories are also supporting market sentiment, Ng said. He forecasts palm oil prices to hold above 4,600 ringgit per tonne, with resistance at 4,750 ringgit per tonne.

06/05/2026 (Devdiscourse) - Amid escalating geopolitical tensions, Malaysian palm oil prices are predicted to surge by approximately 12%, reaching 5,200 ringgit per metric ton by mid-July. This anticipated increase is largely attributed to heightened demand for biodiesel, driven by rising energy prices stemming from the U.S.-Israeli conflict with Iran.

05/05/2026 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended gains for a second consecutive session on Tuesday, supported by a weaker ringgit and optimism over Malaysia’s biodiesel plans, though losses in crude oil and soyoil prices capped further upside.

05/05/2026 (Ukr Agro Consult) - Palm oil imports into India fell to a yearly low in April amid weak demand.

05/05/2026 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures climbed to their highest in four weeks after surging nearly 2% on Tuesday, driven by optimism over Malaysia’s biodiesel plans.

05/05/2026 (Director Talks Interviews) - Malaysian palm oil prices rose as investors reacted to optimism around the country’s planned B15 biodiesel rollout in June. The policy would lift the palm-based biodiesel blend in regular diesel to 15%, creating a larger domestic use case for crude palm oil.

05/05/2026 (Oils and Fats International) - Malaysian palm oil exports fell in the first half of April due to lower shipments to the Middle East, commodity price reporting agency Fastmarkets reported, citing data from cargo surveyor Intertek Testing Services (ITS).