Archived News
13-08-2025
India's soyoil imports set for record high, palm oil at five-year low
India's soyoil imports are poised to surge 60% year-on-year to a record high in 2024/25, as refiners boost purchases due to cheaper prices compared with rival palm oil, shipments of which are set to hit a five-year low, six dealers told Reuters.
13-08-2025
Indonesia sees double-digit rise in palm oil exports in the first half of 2025
Indonesian exports of crude palm oil (CPO) and its derivatives surged by 24.81% year-on-year in the first half of 2025, according to official statistics reported by the Jakarta Globe.
13-08-2025
Palm oil price worries in local market as Indonesia plans export cut
Amid concerns over Indonesia's move to curb palm oil exports in order to boost its use in biofuel production, Bangladesh's edible oil market is experiencing price hikes.
13-08-2025
Palm Oil Biodiesel Helps Indonesia Save $3.68 Billion in Foreign Exchange
Indonesia recently reported that its nationwide program of using palm oil-based biodiesel had helped the country save at least $3.68 billion in foreign exchange this year.
13-08-2025
Palm oil quotes rose 3% despite increased production and stocks
According to the Malaysian Palm Oil Board (MPOB), in July, Malaysia’s crude palm oil production increased by 7.09% compared to June to the highest level since September 2024 at 1.81 million tonnes, while exports only increased by 3.82% to 1.31 million tonnes after a sharp decline in June
13-08-2025
CPO exports remain important to help Malaysia maintain market share, says ministry
Malaysia's crude palm oil (CPO) exports continue to play an important role in the palm oil industry, as they help ensure that Malaysia does not lose market share to its closest competitor, Indonesia
13-08-2025
Indonesia, Canada to Sign Trade Pact This Year
Indonesia is hoping to ink a trade pact with Canada later this year, although the two governments have yet to set a date, according to a senior official on Monday.
13-08-2025
Govt reduces loose palm oil price by Tk 19 per litre
The government has reduced the retail price of loose palm oil by Tk 19 per litre, bringing it down from Tk 169 to Tk 150, following a decline in prices on the international market.
12-08-2025
Rising supply will cap palm oil prices as inventory hit 19-month high, analysts say
Production in Malaysia, the world’s largest palm oil producer after Indonesia, is expected to pick up seasonally before peaking in September-October and keep stockpiles elevated, according to BIMB Securities and Apex Securities. Both kept their sector rating on ‘neutral’ in line with the consensus
12-08-2025
Johari Ghani: Shift to processed palm oil boosts export value
In 2024, Malaysia exported a total of 15.39 million metric tonnes of palm oil, said Plantation and Commodities Minister Datuk Seri Johari Ghani
12-08-2025
Malaysia CPO exports crucial to maintain global market share
Malaysia’s crude palm oil (CPO) exports remain vital to sustaining the country’s competitive edge in global markets, particularly against Indonesia.
12-08-2025
US, China extend tariff truce by 90 days, staving off surge in duties
US President Donald Trump announced on his Truth Social platform that he had signed an executive order suspending the imposition of higher tariffs until 12:01am EST (0501 GMT) on Nov 10, with all other elements of the truce to remain in place