Archived News

05/02/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives rebounded to close higher, driven by gains in soybean oil and market optimism over India’s renewed palm oil purchases to replenish stocks.

05/02/2025 (Chem Analyst News) - In a significant transformation of global vegetable oil markets, India's palm oil imports have plummeted to their lowest levels in over a decade, according to the media sources. The dramatic decline, reaching a multi-year low last month, signals a major shift in the purchasing strategy of the world's largest vegetable oil buyer.

06/02/2025 (The Kathmandu Post) - Nepal’s soyabean oil exports to India have seen an astonishing 45-fold increase in the first half of the current fiscal year, even though Nepal produces very little soyabean itself.

05/04/2025 (The Star Online), Kuala Lumpur - Palm oil production in Malaysia likely fell to an 11-month low in January as heavy rains pummelled estates, and more storms ahead could compound the problem.

04/02/2025 (The Star Online), Petaling Jaya - The government should reconsider its decision to mandate a 2% Employees Provident Fund (EPF) contribution for foreign workers, say palm oil industry players.

04/02/2025 (New Straits Times), Kuala Lumpur - The Plantation and Commodities Ministry is committed to ensuring that all oil palm plantations have sufficient manpower, says its minister, Datuk Seri Johari Abdul Ghani.

04/02/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivates fell on Tuesday, reversing the gains made the previous day.

04/02/2025 (The Edge Malaysia), Kuala Lumpur - Malaysia needs to shift to high-value products like oleochemicals and biodiesel rather than just relying on crude palm oil (CPO) exports without a solid value-added strategy, according to Paya Besar Member of Parliament Datuk Mohd Shahar Abdullah.

04/02/2025 (Jakarta Globe), Jakarta - Indonesia is sticking to the plan of distributing biodiesel with higher palm oil content starting in 2026.

04/02/2025 (Reuters), Mumbai - India's palm oil imports in January plunged to their lowest level in nearly 14 years as refiners replaced the tropical oil with cheaper rival soyoil because of negative refining margins for palm oil, five dealers said.

03/02/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivates ended higher today, extending gains for the fifth consecutive day of trading on the back of stronger soyabean oil and crude oil prices.

04/02/2025 (The Global New Light of Myanmar) - The wholesale reference rate of palm oil for the Yangon market declined further to K7,165 per viss this week from 3 to 9 February, according to the Supervisory Committee on Edible Oil Import and Distribution.