Archived News
06-12-2023
2023 a year of headwinds for Malaysia's major commodities
05/12/2023 (The Star Online), Kuala Lumpur - Malaysia’s major commodities suffered a setback in 2023 despite a weaker ringgit as it was overshadowed by demand deficits due to global economic uncertainties arising from the ongoing geopolitical tensions.
06-12-2023
Bid to smuggle out cooking oil, petrol foiled
05/12/2023 (Daily Express), Semporna - Marine Police Force (MPF) on Sunday foiled an attempt to smuggle out cooking oil and petrol near the Kampung Kuala Bibang coastal areas.
06-12-2023
Kenya Kwanza’s Edible Oil Deal: The Making of a Scandal
05/12/2023 (Citizen Digital) - As the Kenya Kwanza administration took over the reins of administration in 2022, the elephant in the room was the high cost of living experienced by Kenyans in the run-up to the general election and that worsened afterwards.
05-12-2023
Consumers may need to furnish ID when buying subsidised cooking oil
04/12/2023 (New Straits Times), Kuala Lumpur - The Domestic Trade and Cost of Living Ministry is planning to upgrade its cooking oil stabilisation scheme (eCOSS) system next year to cover all levels of the supply chain.
05-12-2023
Sinar Mas Agribusiness and Food announces first RSPO certification for independent farmers
04/12/2023 (The Jakarta Post) - Sinar Mas Agribusiness and Food, a prominent global palm oil producer, announced that the first group of independent farmers under its Sawit Terampil program had successfully attained Roundtable on Sustainable Palm Oil (RSPO) certification.
05-12-2023
India's November palm oil imports up 22% on lower prices, say dealers
04/12/2023 (The Edge Malaysia), Mumbai - India’s palm oil imports in November jumped more than a fifth from the previous month, as refiners favoured the tropical oil, due to steep discounts compared to rival soyoil and sunflower oil, five dealers told Reuters on Monday.
05-12-2023
VEGOILS-Palm oil declines on weaker rivals, weak demand
04/12/2023 (Nasdaq), Jakarta - Malaysian palm oil futures fell for a second straight session on Monday to its lowest in nearly four weeks, weighed down by weakness in rival vegetable oils and weak demand, as market participants awaited new leads.
05-12-2023
Edible oil fortification remains a pipe dream because of lax enforcement
04/12/2023 (The Business Standard) - Micronutrient deficiencies are common among the Bangladeshi population. Our government has a commitment to improve our micronutrient status and protect public health according to Article 18 subsection (1) of the Constitution of the People's Republic of Bangladesh.
05-12-2023
PREVIEW-Malaysia’s end-November palm oil stocks seen falling on output decline, higher exports
04/12/2023 (Nasdaq), Jakarta - Malaysian palm oil inventories at the end of November were seen falling for the first month since April, as a seasonal output decline was expected to start while exports continued to rise, a Reuters survey showed on Monday.
04-12-2023
Indonesia raises palm-based biodiesel allocation for 2024 to 13.41 mil kl: ministry
01/12/2023 (Fastmarket, Agri Census) - Indonesia will raise its allocation of palm-based biodiesel for 2024 to 13,406,498 kiloliters (kl), 1.96% higher than this year, the country’s Energy and Ministry Resources ministry said in a circular signed November 29.
04-12-2023
VEGOILS-Palm oil books second weekly loss as weak demand weighs
01/12/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures posted a second weekly loss on Friday, underpinned by poor demand and weakness in Dalian vegetable oils.
04-12-2023
Everything You Need to Know About Cooking Oils
01/12/2023 (Prevention) - Cooking oils are a staple of any kitchen pantry. Whether you are baking up a batch of homemade cookies or cooking up some roasted vegetables, there is pretty much a cooking oil to satisfy all of your culinary needs, but do you know which cooking oil is best for you and all of your recipes?