Archived News
13-05-2024
Malaysia’s palm oil stocks surge as output jumps despite weak exports
10/05/2024 (Free Malaysia Today), Kuala Lumpur - Malaysia’s palm oil stocks increased at the end of April for the first time in six months as production jumped despite a drop in exports, the industry regulator said on Friday.
13-05-2024
France remains primary rapeseed producer in EU-27
09/05/2024 (Biofuels International) - The EU Commission expects a decrease in rapeseed harvests in Romania, Germany, Poland and the Czech Republic in 2024 compared to the previous year.
13-05-2024
USDA Predicts 14 Billion Pounds Of Soybean Oil Will Go To Biofuel Production For 2024-‘25
11/05/2024 (Biodiesel Magazine) - The USDA currently predicts soybean oil use in biofuel production will increase by 1 billion pounds to 14 billion pounds for 2024-25, according to the agency’s latest World Agricultural Supply and Demand Estimates Report, released May 10.
13-05-2024
Spanish Producers Celebrate Award-Winning Finish After Demanding Harvest
10/05/2024 (Olive Oil Times) - Olive farmers and millers in Spain, the world’s largest olive oil-producing country, once again overcame extreme temperatures and dry weather to produce world-class extra virgin olive oil.
10-05-2024
CPO futures extend decline amid weaker edible soft oils
09/05/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its decline on Thursday, weighed down by weaker edible soft oils and cautious trading ahead of April’s palm oil data on Friday.
10-05-2024
April FAO food prices index slightly higher, vegetable oils and cereals climbing
09/05/2024 (MercoPress) - The benchmark for world food commodity prices edged higher in April, as higher prices of meat and modest upticks for vegetable oils and cereals outweighed decreases in sugar and dairy product prices, the Food and Agriculture Organization of the United Nations (FAO) reported.
10-05-2024
OLIVE OIL PRICES IN SPAIN ARE FINALLY SET TO DROP THIS SUMMER AFTER REACHING RECORD HIGHS – THIS IS WHY
09/05/2024 (The Olive Press) - FOR the past 12 months, the sight of soaring olive oil prices on supermarket shelves has become a disheartening reality for shoppers in Spain.
10-05-2024
Consumer Reports examines health benefits of olive oil
08/05/2024 (WMUR), Manchester, N.H. - Olive oil is a popular choice in kitchens because of its supposed health benefits, so Consumer Reports put those claims to the test.
10-05-2024
Asean and EU set to convene 4th joint working group on palm oil
09/05/2024 (The Star), Jakarta - Representatives from the Association of Southeast Asian Nations (Asean) and the European Union (EU) are preparing for the 4th Joint Working Group (JWG) on Palm Oil, underscoring their commitment to collaboration in this critical sector.
10-05-2024
Palm oil falls to one-week low on caution ahead of data release, weaker rivals
09/05/2024 (Reuters), Singapore - Malaysian palm oil futures fell to close at a one-week low on Thursday amid lower prices of rival edible softs and cautious trading ahead of the release of April's palm oil data from key producer Malaysia on Friday.
09-05-2024
Malaysia offers trade partners 'orangutan diplomacy'
09/05/2024 (BBC) - Malaysia has said it plans to start giving orangutans as gifts to major trading partners who buy its palm oil.
09-05-2024
Palm oil snaps two-day winning streak amid lower soyoil, export woes
08/05/2024 (Reuters), Singapore - Malaysian palm oil futures ended a two-day winning streak to close lower on Wednesday amidweaker prices of rival soyoil and lingeringworries around palm exports.