Archived News
21-05-2025
Palm Oil Prices Poised for Stability Before Gradual Climb
According to a report provided by the Malaysian Palm Oil Council (MPOC), Malaysian palm oil production increased significantly in April 2025, rising by 298,000 tonnes to reach 1.69 million tonnes, a 21.5% increase from March. This surge was partly due to delayed harvesting during the early March monsoon season
21-05-2025
China eyes investment in Indonesia’s palm oil industry with focus on green technology
The Indonesian Palm Oil Board (DMSI) reveals that investors from China have expressed strong interest in investing in Indonesia’s palm oil sector, with potential investments reaching Rp149.04 trillion (US$9.1 billion).
21-05-2025
GAPKI: Export Levy Rise Makes Palm Oil Less Competitive
The Indonesian Palm Oil Association’s (GAPKI) Chairman Eddy Martono said the increase of export levy of crude palm oil (CPO) from 7.5% to 10% will weaken the competitiveness of Indonesia’s palm oil products at the global market
21-05-2025
Malaysia’s palm oil waste can generate up to 1,000MW of energy, says Johari
Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani: There is immense potential in the biomethane industry, especially from palm oil waste, that we can leverage to achieve our net-zero emissions target and drive a circular economy. (Photo by Gas Malaysia Bhd)
21-05-2025
Indonesia Encourages Increased Palm Oil Exports to Chile
: Chile wants to export milk, cattle, and potatoes to Indonesia. Indonesian Minister of Agriculture Andi Amran Sulaiman disclosed this after a meeting with Chilean Minister of Agriculture Esteban Valenzuela Van Treek in Jakarta, Monday (19/5/2025). He welcomed the proposal positively, but emphasized that evaluation of domestic production and needs remains a priority, especially for potatoes. On the other hand, according to the Minister, Indonesia is encouraging increased palm oil exports to the Chilean market as a form of mutually beneficial partnership
21-05-2025
Malaysia, Indonesia must lead on RE to defend palm oil industry
Cooperation between Malaysia and Indonesia in the renewable energy (RE) sector is capable of countering negative propaganda against the global palm oil industry.
21-05-2025
Indonesia to raise crude palm oil export levy to fund biodiesel, replanting initiatives
The Indonesian government will raise its export levy on crude palm oil (CPO) from 7.5 per cent to 10 per cent of the reference price, in a move aimed at financing its national biodiesel programme and supporting replanting efforts in the sector.
20-05-2025
Malaysian palm oil futures gain
Malaysian palm oil futures closed higher on Monday, snapping two consecutive sessions of declines, buoyed by stronger rival soyoil prices. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 69 ringgit, or 1.81%, to 3,884 ringgit ($905.99) a metric ton at the close.
20-05-2025
Palm snaps two-session losing run on stronger soyoil
Malaysian palm oil futures closed higher on Monday, snapping two consecutivesessions of declines, buoyed by stronger rival soyoil prices. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 69 ringgit, or 1.81%, to 3,884 ringgit ($905.99) a metric ton at the close
20-05-2025
Indonesia palm oil group GAPKI urges government to delay levy hike
The Indonesia Palm Oil Association, GAPKI, on Friday urged the government to delay a planned hike in the palm oil export levy, warning it could harm competitiveness amid global trade uncertainties due to the U.S. tariffs and geopolitical tension.
20-05-2025
Oil palm cultivation an economic win-win for India
The world’s most populous country is the largest importer of the commodity, which is present in everything from soaps and shampoos to ketchup and packaged snacks. This dependence has weighed on the country’s exchequer and left it vulnerable to price volatility and supply chain disruptions
20-05-2025
Palm up on stronger rival soyoil, weaker ringgit
Malaysian palm oil futures opened higher on Monday, snapping two consecutive sessions of declines, supported by stronger rival soyoil and a weaker ringgit.