Archived News
20-02-2025
Malaysia keeps March crude palm oil export duty at 10%
The world's second-largest palm exporter calculated a reference price of RM4,390.37 per metric ton for March. (Photo by Low Yen Yeing/The Edge)
20-02-2025
CPO Futures End Higher On Stronger Soybean Oil, Crude Oil Prices
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher onWednesday, driven by stronger soybean oil prices on the Chicago Board of Trade and firm crude oil prices, an analyst said.
20-02-2025
Malaysian palm oil higher
Malaysian palm oil futures settled more than 3% higher on Wednesday, buoyed by stronger rival edible oils and production concerns, while increased buying ahead of a major industry conference also supported prices.
20-02-2025
PM hails palm oil membership
PRIME Minister James Marape has welcomed Papua New Guinea's Council of Palm Oil Producing Countries (CPOPC) membership as a historic milestone for the nation's oil palm industry
20-02-2025
Palm closes more than 3% higher on stronger rival oils, output concerns
Malaysian palm oil futures settled more than 3% higher on Wednesday, buoyed by stronger rival edible oils and production concerns, while increased buying ahead of a major industry conference also supported prices.
19-02-2025
Palm climbs on firmer rival oils, output concerns
Malaysian palm oil futures rose on Wednesday, driven by stronger rival edible oils and production concerns, while increased buying ahead of a major industry conference also supported prices.
19-02-2025
Palm ends lower on weaker rival oils
Malaysian palm oil futures fell on Tuesday, tracking weaker rival edible oils, with traders awaiting bullish cues to prop up prices.
19-02-2025
Palm ends lower on weaker rival oils, traders await positive cues
Malaysian palm oil futures fell on Tuesday, tracking weaker rival edible oils, with traders awaiting bullish cues to prop up prices.
19-02-2025
Indonesian Palm Oil Export Sees Double-Digit Drop to $1.44 Billion
Jakarta. Indonesia kicked off 2025 with a considerable drop in the export of its top commodity palm oil, according to the Central Statistics Agency (BPS).
19-02-2025
Indonesia's conducting studies to implement 50% biodiesel blend in 2026
- Indonesia is studying the implementation of a biodiesel blend that contains 50% palm oil in 2026, and is also looking at a 3% blend for jet fuel next year, energy ministry official Eniya Listiani Dewi told parliament members on Tuesday.
19-02-2025
PM Anwar's Bahrain visit to strengthen bilateral ties
Total trade between Malaysia and Bahrain expanded to RM1.19 billion (US$260 million) in 2024, compared to RM1.5 billion (US$330 million) in 2023.
19-02-2025
Indonesia’s renewable feedstock exporters explore alternatives amid restrictions
Indonesian exporters of renewable feedstocks are looking at various alternatives, from ignoring tax notices to considering legal options and creative labeling, to continue trade as Jakarta clamps down on the export of palm oil mill effluent oil and used cooking oil, market participants said this week