Archived News
06-06-2025
Job of last resort puts further strain on Malaysia’s palm sector
05/06/2025 (Free Malaysia Today), Kuala Lumpur - Malaysia’s palm oil industry is grappling with a dwindling labour pool as workers increasingly shun physically demanding jobs at plantations, a trend that threatens to exacerbate production woes in the major grower.
06-06-2025
MPOC: RM122mil in trade deals unlocked in Philippines forum
05/06/2025 (New Straits Times), Kuala Lumpur - Business engagements at the Malaysian Palm Oil Forum (MPOF) Philippines 2025 have unlocked an estimated RM122 million in potential trade, reinforcing Malaysia's role as a major palm oil supplier in the Asean region.
06-06-2025
Malaysia seeks strategic ties with China’s Anhui Province in digital, green tech, palm oil — former special envoy
05/06/2025 (The Edge Malaysia), Huangshan - Malaysia is seeking to forge strategic partnerships with China’s Anhui Province in the digital economy, green technology and palm oil sectors under the Regional Comprehensive Economic Partnership (RCEP) framework, to expand future-oriented regional cooperation.
06-06-2025
Palm slips on weaker rival edible oils, profit taking
05/06/2025 (New Straits Times), Jakarta - Malaysian palm oil futures extended losses on Thursday, snapping a two-session rally, tracking weaker rival edible oils at Chicago and Dalian markets, as well as profit taking actions.
05-06-2025
Palm falls on weaker rival oils, rising May stock outlook
04/05/2025 (New Straits Times), Jakarta - Malaysian palm oil futures opened lower on Wednesday, tracking weaker rival edible oils at Chicago and the prospect of May's palm oil stocks rising for the third consecutive month.
05-06-2025
SD Guthrie’s first quarter net profit jumps to MYR567M
04/06/2025 (Oils and Fats International) - Leading palm oil company SD Guthrie, formerly known as Sime Darby Plantation (SD Plantation), has delivered a strong first quarter due to the improved performance of its upstream segment.
05-06-2025
Indonesia January-April palm oil exports at 6.41m metric tons
04/06/2025 (Ukr Agro Consult) - Indonesia exported 6.41 million metric tons of crude and refined palm oil in the January to April period, down 5.37% on a yearly basis, data from the statistics bureau showed on Monday. However, due to higher prices, the shipments were worth $7.05 billion in the first four months of 2025, up 20% from the same period in 2024. The bureau’s data excludes palm kernel oil, oleochemicals and biodiesel.
05-06-2025
India’s vegetable oil imports rose 37% in May to half-year highs
04/06/2025 (Ukr Agro Consult) - India’s edible oil imports in May rose 37% from the previous month to 1.18 million tonnes, the highest since December.
05-06-2025
Palm oil rebounds on anticipation of strong demand
05/06/2025 (Business Recorder), Jakarta - Malaysian palm oil futures reversed losses and closed higher on Wednesday after the prospect of stocks rising for the third consecutive month in May pressured the market earlier in the day. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 16 ringgit, or 0.41%, to 3,950 ringgit ($930.73) a metric ton at the close.
04-06-2025
Palm oil jumps on demand prospects after India cuts import duty
03/06/2025 (The Edge Malaysia) - Palm oil climbed to the highest level in almost three weeks on expectations for higher demand after top buyer India cut import duties.
04-06-2025
India Cuts Import Tax On Crude Edible Oils To 10 Pct - CIMB Securities
03/06/2025 (Bernama), Kuala Lumpur - India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.
04-06-2025
Palm remains world’s most important vegetable oil in terms of production
03/06/2025 (Biofuels International) - According to the US Department of Agriculture (USDA), global production of vegetable oils in 2025/26 is expected to reach 234.5 million tonnes.