Archived News

14/05/2025 (Antara) Jakarta - Digital transformation and the use of technology play a crucial role in accelerating palm oil downstreaming in Indonesia, according to a senior agriculture official.

15/05/2025 (Business Times), Singapore - Golden Agri-Resources (GAR) reported net profit of US$55 million for the first quarter ended Mar 31, up 47 per cent from US$37 million in the previous corresponding period. This was mostly driven by stronger plantation output and an appreciation in the price of crude palm oil, the company said on Thursday (May 15).

14/05/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures extended gains to the third straight session on Tuesday after a long holiday weekend, supported by stronger rival soyoils and a weak ringgit, but rising stocks limited gains.

13/05/2025 (Bernama), Kuala Lumpur - Malaysia’s April palm oil exports rose 9.62per cent to 1.10 million tonnes from March’s 1.01 million tonnes, the Malaysian Palm Oil Board (MPOB) said.

13/05/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, supported by firmer soybean oil prices and easing United States (US)-China trade tensions, said palm oil trader David Ng.

13/05/2025 (The Edge Malaysia), Kuala Lumpur - Agricultural commodity advisory firm Glenauk Economics forecasts global palm oil output to remain high in May, supported by a seasonal recovery given the end of the monsoon season, which is expected to minimise rainfall disruptions in the second quarter.

13/05/2025 (The Edge Malaysia) - CRUDE palm oil (CPO) exporter Pacific Inter-Link Sdn Bhd (PIL) expects the discount of palm oil to soybean oil to persist for the next six to 12 months, due to tight soybean oil supply from the US and South America and a gradual rise in palm oil production.

13/05/2025 (Business Today) - Hong Leong Investment Bank Bhd (HLIB) has maintained its NEUTRAL stance on the plantation sector, expecting a mixed set of results for the first quarter of 2025.

12/05/2025 (New Straits Time) - The European Union will by June 30 unveil the much anticipated "country benchmarking system" under the EU Deforestation Regulation (EUDR).

13/05/2025 (ChemAnalyst) - Kenya is turning to Malaysia’s well-established palm oil industry model in a bid to reform its own sector, focusing on improvements in logistics, supply chain efficiency, and supportive policy frameworks. The move follows a recent round table meeting in Nairobi between Malaysian Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani and 15 key representatives from Kenya’s oils and fats industry.

12/05/2025 (Antara), Jakarta - The Ombudsman of Indonesia emphasized the importance of the government establishing a National Palm Oil Agency to improve governance of the palm oil industry and address related issues in a comprehensive and effective manner.

11/05/2025 (Business Today) - The European Union Deforestation Regulation (EUDR) and its implications for Malaysian palm oil have sparked significant debate. Rather than taking sides on the issue, it is more productive to examine it through the lens of standard-setting. Malaysia has a long history of developing its own sustainability standards for palm oil, and incorporating some of these innovative approaches into the EUDR could pave the way for a collaborative and mutually beneficial implementation strategy.