Archived News

02/03/2026 (Oils and Fats International) - Global palm oil production in 2025/26 is expected to rise to a record 80.7M tonnes, a 3% year-on-year increase, according to forecasts by the US Department of Agriculture (USDA) reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).

02/03/2026 (The Edge Malaysia), Jakarta - Indonesia has seized five million hectares of palm oil plantations and industrial forest concessions that have been accused of legal violations, with more than 100 companies fined, a spokesperson with the country's forestry task force said on Monday.

02/03/2026 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by a rally in crude oil prices amid the ongoing US-Iran conflict.

02/03/2026 (Jakarta Globe), Jakarta - Indonesian palm oil exporters started 2026 strong as shipments soared in January, according to the Central Statistics Agency or BPS, although the growth was not good enough to lift the country’s shrinking surplus.

02/03/2026 (Oils and Fats International) - Indonesia’s higher palm oil export levies came into effect on 1 March.

02/03/2026 (The Edge Malaysia), Kuala Lumpur - The latest tariffs imposed by the United States have only a minimal impact on Malaysia’s palm oil exports, according to Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad.

02/03/2026 (Ukr Agro Consult) - Palm oil prices rose, likely due to speculation after a recent decline. Higher soybean oil prices on the Chicago Mercantile Exchange also supported vegetable oil prices, Kenanga Futures reported. However, concerns persist about weakening export demand and a stronger ringgit, which could dampen foreign buyer interest, the report said. The brokerage sets support and resistance levels for the May futures contract at 3,955 and 4,095 ringgit, respectively.

02/03/2026 (The Star Online), Petaling Jaya - TDM Bhd's unit TDM Plantation Sdn Bhd has appointed Terengganu Dredging Sdn Bhd as its contractor for the oil palm field rehabilitation pilot project at Kemaman.

02/03/2026 (Ukr Agro Consult) - India’s edible oil and oilmeal sector has shifted into a wait-and-watch mode amid the escalation around Iran following attacks by the United States and Israel. Market participants are closely monitoring developments, as potential logistical disruptions could affect both edible oil imports and oilmeal exports to the Gulf and European markets.

02/03/2026 (The Edge Malaysia) - Soybean oil jumped to the highest level in more than two years, tracking crude prices higher after strikes by the US and Israel on Iran over the weekend.

28/02/2026 (Antara News), Jakarta - The Indonesian Palm Oil Association (GAPKI) expects exports to the US to climb toward 3 million tons within three years if tariffs return to zero, as trade negotiations continue following a US Supreme Court ruling on reciprocal duties.

27/02/2026 (Business Recorder), Jakarta - Malaysian palm oil futures inched higher on Friday on the back of Dalian edible oils strength, but posted their biggest monthly decline in 10 months due to sluggish exports and a stronger ringgit.