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20/07/2025 (Business Line) - The per capita consumption of vegetable oil in India is expected to reach 12.68 kg per person by 2034, according to OECD-FAO Agricultural Outlook 2025-34.

Malaysian palm oil futures closed down on Thursday, erasing gains from the previous session, on profit-taking after reports showed weaker export data for the July 1-15 period.

Indonesia says it has reached a trade deal with the United States after an “extraordinary struggle” in negotiations which resulted in a reduction of proposed US tariff rates on the South-East Asian country’s exports to 19% from 32%.

Malaysian palm oil futures slipped on Thursday, erasing gains from the previous session, due to profit-taking after reports of weaker export data for the July 1-15 period

Malaysia has increased its August crude palm oil reference price, a change that raises export duties to 9%, a circular on the Malaysian Palm Oil Board website showed on Thursday

Indonesia is set to maintain its dominance in the American palm oil market after the US agreed to slash its reciprocal tariff on Jakarta from 32 percent to 19 percent, much lower than its competitor, Malaysia

The sustainable palm oil market is anticipated to experience robust growth, with an expected increase of USD 2.54 billion from 2024 to 2029, reflecting a CAGR of 4.7%. This growth trajectory is fueled by a surge in demand for trans-fat-free and plant-based products. Heightened awareness of ecological impacts such as deforestation and biodiversity degradation is also contributing to the market expansion

Malaysian palm oil futures closed higher on Wednesday after gains in rival soyoil at Dalian and Chicago markets helped it recoup previous session’s losses.

The Tree Crop Development Authority (TCDA) has issued a directive requiring all importers of crude palm oil and related products to register with the agency and obtain permits before bringing such goods into the country, effective July 14, 2025.

The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed lower today, as traders turned cautious ahead of key export and production figures due next week

Malaysia has increased its August crude palm oil reference price, a change that raises export duties to 9%, a circular on the Malaysian Palm Oil Board website showed on Thursday.

Indonesia might lose its palm oil market to Malaysia if Jakarta fails to get a tariff lower than that of its close neighbor in its negotiations with the US government, according to a producers' association