Archived News

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.

13/05/2025 (Biodiesel Magazine) - The USDA reduced its estimate for 2024-’25 soybean use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released May 12. The agency, however, expects soybean oil use in biofuel to increase during the 2025-’26 marketing year.

08/05/2025 (Borneo Post), Kota Kinabalu - The BIMP-EAGA Business Council (BEBC), Sabah Chapter on Thursday announced a landmark initiative programme to enhance the quality monitoring of crude palm oil (CPO) through strategic collaborations with Allyssa Certification, MIMOS Malaysia and Universiti Malaysia Sabah (UMS).

08/05/2025 (New Straits Times), Kuala Lumpur - Kenyan industry players are turning to Malaysia's palm oil model for guidance on logistics, supply chain efficiency and supportive policy frameworks.

08/05/2025 (Indonesian Business Post) - The East Kutai Regency Administration is taking proactive steps to harness renewable energy by converting palm oil waste into biogas to fuel power generation − an initiative aimed at bringing electricity to remote villages.

08/05/2025 (The Edge Malaysia), Kuala Lumpur - Despite a strong start to 2025, SD Guthrie Bhd’s (KL:SDG) earnings growth could moderate in the coming quarters, analysts said, flagging softer palm oil prices and downstream demand pressure.

08/05/2025 (Oils & Fats International) - Malaysian vegetable oil process technology provider Oiltek International has secured new oils and fats contracts worth MYR61.9M (US$14.60M) across global markets including Africa, the Americas, Thailand, Indonesia and Malaysia.

Oil prices fell by more than US$1 a barrel on Wednesday as investors doubted that upcoming US-China trade talks will result in a breakthrough, while hopes for an Iran-US nuclear deal eased supply worries

Malaysian palm oil futures extended losses on Wednesday, continuing their decline for the seventh straight session, on worries about an increase in palm production and lacklustre demand from major consumer countries

Kenya has expressed keen interest in partnering with Malaysia to set up a palm oil processing centre at the Mombasa Industrial Park in Nairobi, as part of efforts to deepen bilateral trade ties and support local employment.

Malaysian palm oil futures fell on Wednesday, continuing their decline for the seventh straight session, as the market looked for more cues from the Malaysian Palm Oil Board (MPOB) data next week

Malaysian palm oil futures reversed gains on Tuesday, continuing their decline for the sixth straight session, weighed down by weaker rival oils at the Dalian and Chicago markets, while the market focus shifted to the production outlook for May.