Archived News

26/03/2025 (The Star), Petaling Jaya - Crude palm oil (CPO) prices will likely be traded higher in 2025 given anticipation of declining exports by world’s largest producer, Indonesia amid its government decision to roll out the B40 biodiesel mandate.

25/03/2025 (Oils & Fats International) - Colombian palm oil exports are expected to drop to 420,000 tonnes in 2024/25 due to growing domestic biodiesel demand, according to a report by the US Department of Agriculture (USDA).

25/03/2025 (Business Today) - CIMB Bank Bhd has signed a memorandum of understanding with Wild Asia Sdn Bhd to drive the transition toward more sustainable practices in the palm oil sector.

25/03/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its decline for the third consecutive day on Tuesday, weighed down by mounting concerns over weak demand in the coming weeks amid the availability of cheaper vegetable oil alternatives, said palm oil trader Daid Ng.

25/03/2025 (Business Day) - TECO group has announced plans to unveil its latest innovation - the dual-purpose screw press and digester for palm oil processing - at the Agrofood & Plastprintpack Nigeria exhibition.

24/03/2025 (Oils and Fats International) - Palm oil prices in Malaysia are expected to range between MYR4,400-MYR4,600 (US$994-US$1,039)/tonne in March, with emerging markets - such as Sub-Saharan Africa - filling the gap in demand from key buyers like India and China, according to the Malaysian Palm Oil Council (MPOC).

24/03/2025 (Drone Life) - 3F Oil Palm Pvt Ltd has completed a major drone survey in Ayyavaram Village, West Godavari district, Andhra Pradesh. This pilot project marks a key step in using drone technology to support palm oil farmers across India.

24/03/2025 (Biofuel News) - The EU imported significantly less palm oil between July 2024 and early March 2025 than in the same period a year earlier, reflecting an overall decline in intra-community consumption.

24/03/2025 (The Hindu Business Line) - The Solvent Extractors’ Association of India (SEA) hopes that the notification dated March 18 issued by the Customs Department asking the exporters/importers to provide “Proof of Origin” instead of a “Certificate of Origin” for commodities imported under concessional duty would help reduce the flow of edible oil from Nepal and other SAARC countries.

24/03/2025 (The Star Online) - THE shortage of cooking oil, coupled with rising raw material costs, have impacted the sales of Indian snacks for Hari Raya Aidilfitri celebrations.

24/03/2025 (Business Recorder), Hyderabad - Indonesian diplomats and Pakistani scientists have underscored the urgent need to boost local oil palm cultivation to reduce the country’s heavy reliance on imported edible oil.

24/03/2025 (Business World) - Listed specialty food ingredients and oleochemicals manufacturer D&L Industries, Inc. is considering building a second biodiesel plant to meet rising demand following the government’s biodiesel blend expansion.