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Exports of Malaysian palm oil products for April rose 9.7% to 1,400,724 tonnes from 1,277,255 tonnes

The Ministry of Plantation Industries and Commodities (KPPK) has taken enforcement action against 56 Malaysian Palm Oil Board (MPOB) licensees for manipulation of oil palm weighing scales under the MPOB (Licensing) Regulations 2005.

Indonesia’s crude palm oil production and exports surged in March on-year, while end-stocks remained low, signalling prospects of higher prices in the near future, an official at the country’s palm oil association GAPKI said on Wednesday.

New Delhi — Agribusiness major Wilmar International said April 29 it expects the sustained strong pricing environment in palm oil to boost its palm oil plantation business in the coming months, but that there is likely to be an impact on its manufacturing margins.

KARACHI: Stakeholders from around the world on Thursday suggested forming an ‘Asian Palm Oil Alliance’ to protect producers and consumers from an ongoing global smear campaign against this edible oil.

BUENOS AIRES — Argentina's stalled soy harvest is set for a boost from a period of expected dry weather, meteorologists and grains analysts said, after recent heavy rains in key farming areas had slowed down farmers gathering in their crops.

HAMBURG- A Tunisian state agency has issued an international tender to purchase up to 27,000 tonnes of vegetable oils, European traders said on Thursday.

Brazil's National Petroleum Agency approved April 29 a proposal to shift biodiesel trading from the country's current public auction model to a hybrid model, starting January 2022.

Indonesia will stop both liquefied petroleum gas (LPG) and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said on Thursday.

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied to post its biggest single-day gain and close at a 31-day high today, with the benchmark July contract hovering above the RM4,000 level.

Sustainable palm oil sounds great, doesn’t it? It will, for example, improve the livelihoods of smallholders and reduce the risk of land conversion, which potentially threatens wildlife, forests, and biodiversity.

Malaysian palm oil futures rose 1.65% on Tuesday, rebounding after two straight sessions of losses fuelled by fears of weaker demand from India as the world's top vegetable oil importer battles a surge in coronavirus infections.