Archived News

09/03/2026 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, rallying above RM4,500, the highest level since last October.

10/03/2026 (Bloomberg), Kuala Lumpur - Palm oil surged as much as 10%, soybean oil jumped and wheat neared a two-year peak, as the war in the Middle East drove energy and fertiliser costs higher and threatened to tighten supplies across agricultural markets.

09/03/2026 (Reuters), Mumbai/Kuala Lumpur - Rising crude oil prices and higher freight rates driven by the Middle East conflict could boost demand for palm oil from the biodiesel sector and for food use, as Asian buyers seek prompt ‌shipments, industry officials told Reuters.

09/03/2026 (Business Today Editorial) - Indonesia is considering reviving plans to introduce a B50 biodiesel mandate as surging crude oil prices driven by the Middle East conflict push the government to accelerate its biofuel strategy.

09/03/2026 (UkrAgroConsult) - According to Kenanga Futures analysts, in their note, the price increase was likely driven by the strength of competing oils and positive market sentiment amid ongoing tensions in the Middle East. Traders also expect a sharp decline in production due to recent floods, which could provide additional support for prices. However, Kenanga adds, potential profit-taking could limit the gains. The brokerage sees support for the May futures contract at 4,185 ringgit per tonne and resistance at 4,300 ringgit per tonne.

09/03/2026 (Oils & Fats International) - Labour shortages in Malaysian oil palm plantations are causing losses of approximately MYR7.5bn-MYR20bn (US$1.09bn-US$5.07bn)/year, according to a 1 March report by The Star quoting Malaysian Employers Federation (MEF) president Dr Syed Hussain Syed Husman.

07/03/2026 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade positively next week, supported by stronger crude oil prices amid the United States-Iran conflict, a trader said.

07/03/2026 (Business Today) - The Indonesian government has requested that the World Trade Organization’s Dispute Settlement Body (DSB) suspend concessions and other obligations to the European Union (EU) following the EU’s failure to fulfill its obligations regarding palm oil.

07/03/2026 (Business Today) - Despite a five-year record in quarterly production, Kenanga Investment Bank has maintained a “Neutral” outlook on the Malaysian plantation sector. In its latest report, the research house highlighted a tug-of-war between robust harvest volumes and cooling crude palm oil (CPO) prices as the industry enters 2026.

07/03/2026 (The Hindu Business Line) - The Indian government is considering the distribution of coconut oil instead of palm oil through the public distribution system (PDS) to ensure farmers get a better price, Union Minister of Agriculture and Farmers’ Welfare said on Saturday.

09/03/2026 (The Daily Star) - The prices of loose soybean oil and palm oil have risen in the local market despite assurances of sufficient stock and adequate supply, heaving financial pressure on consumers.

05/03/2026 (Diya TV USA), Mumbai - India has canceled several shipments of soybean oil after prices for the product surged above cheaper alternatives. The move highlights the growing pressure on edible oil importers as global prices fluctuate and buyers shift toward lower-cost options.