Archived News

28/01/2025 (The Global New Light of Myanmar) - The wholesale reference rate of palm oil for the Yangon market slightly decreased to K7,245 per viss for the week ending 2 February 2025, from K7,255 recorded last week ending 26 January, according to the Supervisory Committee on Edible Oil Import and Distribution.

27/01/2025 (Odessa) - One of Kernel's factories, the largest sunflower oil producer in the Ukrainian market, ceased operations due to a shortage of raw materials.

27/01/2025 (Barchart) - The soybean market is pulling back on Monday, with contracts down 7 to 11 cents so far. CmdtyView’s national front month Cash Bean price is down 10 3/4 cents at $9.84 1/4. Soymeal futures were down $4.90/ton, with Soy Oil futures down 27 points on the session.

28/01/2025 (GNLM) - The wholesale reference rate of palm oil for the Yangon market slightly decreased to K7,245 per viss for the week ending 2 February 2025, from K7,255 recorded last week ending 26 January, according to the Supervisory Committee on Edible Oil Import and Distribution.

27/01/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade quietly this week due to the Chinese New Year festivities, according to Interband Group of Companies senior palm oil trader Jim Teh.

25/01/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade quietly next week due to the Chinese New Year festivities, according to Interband Group of Companies' senior palm oil trader, Jim Teh.

25/01/2025 (South China Morning Post) - Indonesia is doubling down on its palm-oil biofuel ambitions, framing a recent World Trade Organization ruling as a “win” in its battle against European Union restrictions.

26/01/2025 (Iowa Farmer Today) - The United States is moving to curb imports of used cooking oil, preventing foreign supplies used to make biofuels from qualifying for a lucrative tax credit.

26/01/2025 (Barchart) - Soybeans are posting 6 to 10 ½ cent losses far on Friday’s midday. CmdtyView’s national front month Cash Bean price is down 10 1/2 cents at $9.94 ¼. Soymeal futures are down $11.30/ton so far at midday. Soy Oil futures are up 7 points.

Malaysian palm oil futures snapped a three-session rally on Wednesday, weighed down by cargo surveyor data showing weak export demand and a stronger ringgit

Oil prices eased to a fresh one-week low on Wednesday as the market considers how US President Donald Trump's proposed tariffs could affect global economic growth and demand for energy

Sustainability can sometimes be seen as a concept only achievable by those with resources, but it can also be practised by smallholders and bring about financial benefits, according to the Roundtable on Sustainable Palm Oil (RSPO).