Archived News

20/03/2025 (TBS News) - The Bangladesh Trade and Tariff Commission (BTTC) has recommended increasing the import duty exemption period on all types of edible oils such as soybean, palm oil, sunflower and canola till 30 June to maintain normal supply and keep prices stable before Eid-ul-Fitr and Eid-ul-Azha.

19/03/2025 (Club of Mozambique) - At least 70% of corn and wheat flour, edible oil and sugar produced in Mozambique are fortified, which ensures a healthier diet, especially for the low-income population.

19/03/2025 (Bernama) - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, reversing earlier losses amid stronger soybean oil prices, said palm oil trader David Ng.

19/03/2025 (Reuters), Jakarta - Indonesia will raise its palm oil export levy to between 4.5% and 10% of the crude palm oil reference price, up from 3% to 7.5%, to finance a mandated increase in the amount of the oil used in biodiesel, a plantation fund official said on Tuesday.

18/03/2025 (Reuters), Jakarta - Malaysian palm oil futures closed lower on Monday, tracking movement of rival edible oils at the Dalian market, while poor export data weighed down and capped gains.

17/03/2025 (Reuters), Jakarta - Indonesia's trade surplus was bigger than expected in February as a surge in palm oil shipments bolstered exports, data showed on Monday, extending a strong start to the year even as the spectre of tariff wars dimmed the outlook for global trade.

17/03/2025 (The Edge Malaysia), Kuala Lumpur - Malaysian palm oil price is expected to range between RM4,400 and RM4,600 per tonne in March, with emerging markets, such as Sub-Saharan Africa, filling the gap in demand from key buyers, like India and China.

18/03/2025 (The Straits Times), Singapore - First Resources’ majority-owned subsidiary Ciliandra Perkasa on March 18 entered a conditional shares purchase agreement to buy 3.1 billion shares or 91.2 per cent of the issued and paid-up capital of Austindo Nusantara Jaya for US$329.8 million (S$439.4 million).

16/03/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures inched higher on Friday but logged a weekly loss as profit-taking and weak demand in key destination countries kept the market under pressure.

14/03/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher amid firmer prices in China's Dalian palm olein and soybean oil market, said palm oil trader David Ng.

16/03/2025 (The Borneo Post) - Recently, I had the pleasure of reconnecting with an old colleague from Ebor Research, a man many lovingly call Uncle Chung Gait Fee – a name that echoes through the halls of crop protection especially for oil palm like a legend in his own right.

17/03/2025 (IANS) - BJP MP from Surat Lok Sabha constituency, Mukesh Dalal, has raised alarm over a sharp rise in soybean oil imports from Nepal, which he claims is being facilitated by China.