Archived News

05/02/2023 (24 Digital) - With the advent of Ramazan, the prices of cooking oils in Karachi experienced a significant increase, adding to the financial strain on local citizens.

05/03/2025 (Food Navigation Asia) - Major APAC staple food categories from rice to vegetable oil are seeing innovation efforts being driven by consumer demands for reformulation, healthier substitutions, and sustainability concerns.

04/03/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Tuesday, in line with the weaker soybean oil performance on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

04/03/2025 (The Economic Times, India Times) - India's edible oil imports in February plunged to their lowest level in four years due to a fall in soyoil and sunflower oil imports, although palm oil imports improved from their lowest level in nearly 14 years, hit in January, five dealers said.

04/03/2025 (Free Malaysia Today), Petaling Jaya - The Federation of Malaysian Consumers Associations (Fomca) today urged the government to ensure optimal data security for the app that it will introduce to monitor subsidised cooking oil sales.

04/03/2025 (New Straits Times), Kuala Lumpur - Hong Leong Investment Bank Bhd (HLIB Research) has maintained its crude palm oil (CPO) price assumptions at RM4,000 per tonne for 2025 and RM3,800 for 2026.

04/03/2025 (Business Recorder), Jakarta - Malaysian palm oil futures closed lower on Monday following a decline in rival oils, while weaker Malaysian palm oil exports in February also weighed on sentiment.

04/03/2025 (The Star Online), Kuala Lumpur - In a bid to reduce leakages, the Domestic Trade and Cost of Living Minister (KPDN) is now looking to expand the Cooking Oil Price Stabilisation Scheme System (eCoss) to include a mobile application.

04/03/2025 (Bangkok Post) - Greater demand for both cooking oil and used cooking oil is causing SET-listed Petchsrivichai Enterprise Plc, a local palm oil manufacturer, to expand production and run a campaign to acquire more used cooking oil for resale.

03/03/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed lower on Monday, weighed down by weaker prices on Dalian palm olein, said palm oil trader David Ng.

03/03/2025 (Daily Express) - THE utilisation of palm oil is widespread as a vegetable oil and it is used in various industries such as food, personal care products, and biofuels. The production of palm oil has experienced a notable rise on a global scale, from 24 million tonnes in 2000/2001 to 77 million tonnes in 2022/2023 to satisfy the high demand for vegetable oils.

03/03/2025 (United News of Bangladesh) - The supply of soybean oil is expected to normalise within the next two days, said Commerce Adviser Sk Bashir Uddin on Monday.