Archived News

16/05/2025 (Reuters), Jakarta - The Indonesia Palm Oil Association, Gapki, on Friday urged the government to delay a planned hike in the palm oil export levy warning it could harm competitiveness amid global trade uncertainties due to the US tariffs and geopolitical tension.

19/05/2025 (ANN/The Jakarta Post) - The Indonesian government will raise its export levy on crude palm oil (CPO) from 7.5 per cent to 10 per cent of the reference price, in a move aimed at financing its national biodiesel programme and supporting replanting efforts in the sector.

16/05/2025 (The Astana Times), Astana - For the first time, Kazakhstan has entered the top 10 largest exporters of sunflower oil worldwide, taking eighth place in 2024, as was announced during a May 15 roundtable dedicated to developing the export potential of the oil and fat industry, reported the Trade and Integration Ministry.

14/05/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, extending its gains by tracking the uptrend in the soybean oil market, said palm oil trader David Ng.

14/05/2025 (New Straits Times), Kuala Lumpur - Palm oil inventories are expected to rise by 15 per cent month-on-month (MoM) in May to 2.15 million tonnes, driven by stronger production.

14/05/2025 (Reuters), Jakarta - Indonesia will raise its crude palm oil (CPO) export levy starting May 17 to 10% of its CPO reference price from 7.5% currently, in order to finance the country's increased biodiesel blending mandate, a regulation signed on Wednesday showed.

14/05/2025 (Antara), Jakarta - The Ministry of Agriculture announced that the Indonesian government is open to potential new markets for palm oil exports as part of mitigation amid the India–Pakistan conflict.

14/05/2025 (Antara) Jakarta - Digital transformation and the use of technology play a crucial role in accelerating palm oil downstreaming in Indonesia, according to a senior agriculture official.

15/05/2025 (Business Times), Singapore - Golden Agri-Resources (GAR) reported net profit of US$55 million for the first quarter ended Mar 31, up 47 per cent from US$37 million in the previous corresponding period. This was mostly driven by stronger plantation output and an appreciation in the price of crude palm oil, the company said on Thursday (May 15).

14/05/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures extended gains to the third straight session on Tuesday after a long holiday weekend, supported by stronger rival soyoils and a weak ringgit, but rising stocks limited gains.

13/05/2025 (Bernama), Kuala Lumpur - Malaysia’s April palm oil exports rose 9.62per cent to 1.10 million tonnes from March’s 1.01 million tonnes, the Malaysian Palm Oil Board (MPOB) said.

13/05/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, supported by firmer soybean oil prices and easing United States (US)-China trade tensions, said palm oil trader David Ng.