Archived News

03/03/2025 (United News of Bangladesh) - The supply of soybean oil is expected to normalise within the next two days, said Commerce Adviser Sk Bashir Uddin on Monday.

01/03/2025 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trend lower next week, tracking sluggish export performance, said palm oil trader David Ng.

01/03/2025 (Bernama), Kuala Lumpur - Sweden has voiced strong support for a European Union (EU)-Malaysia free trade agreement (FTA), expressing hope that it will be finalised this year, seeing it as a crucial step towards boosting economic cooperation and attracting European investments.

02/03/2025 (Reuters), Jakarta - Malaysian palm oil futures rose on Friday and posted their first monthly gain in three months, underpinned by strength in rival oils and expectations of a rebound in India’s purchases.

03/03/2025 (New Straits Times), Kuala Lumpur - FGV Holdings Bhd is gearing up for a promising year ahead after its net profit more than doubled in the financial year 2024 (FY24), with the company eyeing an even better profit margin in the first half of 2025 (1H25).

02/03/2025 (New Straits Times), Kuala Lumpur - Johor has strengthened its position as a global leader in sustainable palm oil production with the launch of the Integrated Sustainable Palm Oil Complex (iSPOC).

27/02/2025 (Reuters), Jakarta - Malaysian palm oil futures plunged on Thursday, snapping two sessions of gains, as weakness in rival oils and a bearish outlook from industry analysts weighed down the contract.

27/02/2025 (Bernama), Kuala Lumpur - The Ministry of Plantation and Commodities expects the RM100 million assistance for the palm oil replanting programme to be fully utilised by smallholders by June this year.

27/02/2025 (Business Today) - Approximately 11.28 million tonnes of palm oil downstream products, equivalent to RM47.76 billion, had been sold or distributed in the local market from 2020 to 2024, based on statistics from the Malaysian Palm Oil Board, said the Plantation and Commodities Ministry (KPK).

27/02/2025 (The Star), Kuala Lumpur - MKH Oil Palm (East Kalimantan) Bhd (MKHOP) is confident of satisfactory results with the favourable crude palm oil (CPO) price, according to chairman Tan Sri Alex Chen Kooi Chiew @ Cheng Ngi Chong.

27/02/2025 (The Edge Malaysia), Kuala Lumpur - SD Guthrie Bhd (KL:SDG) said on Thursday that palm oil prices may moderate this year as favourable weather conditions boost output in Indonesia and Papua New Guinea.

27/02/2025 (Chem Analyst) - In february 2025, the United States experienced a significant surge in palm kernel oil (PKO) import prices, driven by global supply disruptions and evolving trade policies. One of the primary contributors to this anticipation of consistent rise in overseas inquiries from end-user sectors, limited inventories among the traders and the price increase due to the anticipated operational halt of Malaysia's FGV Holdings Berhad, a leading palm oil producer. The company witnesses suspended its plantation activities from February 10 to February 28, 2025, due to unforeseen circumstances, leading to a notable reduction in Malaysia’s palm oil and palm kernel oil output. This supply contraction is set to tighten global supply chains, exerting upward pressure on prices.