Archived News

A new agriculture tax introduced by the Indian government will remove the “undue advantage” enjoyed by palm oil in the local market, according to an industry group

New-crop prices got a boost from USDA’s Ag Outlook which basically showed corn/soy ending stocks would remain about the same as we have today – extremely tight.

Edible oil sector continues to rise. This is going to be the second straight year when the consumption numbers are going slightly on the weaker side. In 2018-2019 – the consumption in the Indian markets for edible oil was at 23 million tonne. In 2019-2020 it was at 21 million tonne

The Indian High Commissioner to Bangladesh, Vikram Kumar Doraiswami, said on Tuesday that Bangladesh can export edible oil to India at 20 per cent value addition to the product, as he urged the business communities of both the countries to convince the governments to upgrade goods transportation facilities.

Malaysian palm oil futures firmed for a second consecutive day on Monday, tracking higher rival oils after US soyabean supplies were projected to remain tight into 2022, but expectations of rising palm oil output limited gains

Mr. Solomon King, chief executive officer, Brass and Books Financial Services, intends to do with the recent launch of the digital platform, Oyel.ng, meant to restore the fortunes of palm oil as the new crude for Nigeria

New Zealand will use its platform as host of an Asia-Pacific trade group to seek a global approach to Covid-19 vaccinations that would remove tariffs on goods needed to fight the pandemic.

Roundtable Sustainable Palm Oil (RSPO) says that the absence of specific legislation or guidance regarding the protection of women’s and children rights in the palm oil industry has put women at a disadvantage.

which had a good run in 2020, thanks to the Covid-19 pandemic that spurred demand for everything from precious metals such as gold and silver to agricultural products like crude palm oil (CPO) and wheat — are expected to continue seeing an upward trend in prices this year.

Malaysian palm oil futures rose nearly 3% on Monday, tracking strength in rival soyoil and Dalian oils after the U.S. Department of Agriculture projected only a slight increase in domestic soybean supplies for marketing year 2021-2022.

The Crude Palm Oil (CPO) continuous futures contract on the Multi Commodity Exchange of India (MCX) has advanced 0.8 per cent on Monday and trades at around ₹1,049 per 10 kg

KUALA LUMPUR (Feb 22): Plantation associations say today they are surprised by the government's decision to raise the cess levied on crude palm oil (CPO) and crude palm kernel oil (CPKO).