Archived News

The Tree Crop Development Authority (TCDA) has issued a directive mandating all importers of Crude Palm Oil (CPO), Crude Palm Olein, and Palm Olein (refined vegetable oil) to register and obtain a permit from the authority before engaging in any importation activities.

The Malaysian Palm Oil Council (MPOC) expects palm oil prices to remain within the RM3,900 to RM4,200 per tonne range in June and July 2025, after a surge in May's palm oil stocks to a 10-year high for that month

Malaysian palm oil futures fell on Tuesday, snapping three straight sessions of gains, dragged down by a decline in rival soyoil in the Chicago market.

Malaysian palm oil futures jumped on Monday, extending gains for three straight sessions, tracking rival soyoil at Chicago and Dalian markets, and pulled up by crude oil’s rally amid geopolitical tensions

Malaysian palm oil futures closed higher for the third straight session on Monday, tracking gains in Chicago soyoil after the U.S. proposed higher biofuels blending volumes, and elevated crude oil prices

Malaysian palm oil futures rose for the third straight session on Monday, tracking gains in Chicago soyoil after the US proposed increasing biofuels blending, and supported by the crude oil rally following tensions in the Middle East

The Indonesian government has announced significant progress in finalizing a trade agreement with the European Union that could lead to zero tariffs on key Indonesian exports such as textiles, fishery products, footwear, and crude palm oil (CPO).

At a recent business forum organised by Indonesia’s Ministry of Trade in Osaka, Japan, Japanese companies pledged to import 640,000 tonnes of Indonesian biomass products, including palm kernel shells and wood pellets

Investors are bracing for any attacks on energy infrastructure and shipping in a region that produces around a third of the world’s crude

Malaysia’s oleochemical sector could face increased input costs starting July 1, as palm kernel oil, previously exempt from the sales and service tax (SST), will now be subject to a 5% sales tax, according to CIMB Securities.

The federal government announ-ced on Sunday a substantial increase in petroleum product prices, effective June 16, 2025, for the upcoming fortnight. This decision comes as the global oil market experiences an unprecedented surge following Israel attack on Iran.

Observed annually on June 5, World Environment Day is a pivotal global platform, with its recurring calls for individuals, communities and industries to rally together to solve pressing environmental challenges