Archived News

15/01/2025 (New Straits Times), Kuala Lumpur - Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has reaffirmed Malaysia's readiness to meet Pakistan's growing demand for palm oil with high-quality and sustainable products.

15/01/2025 (Oils & Fats International) - The Indonesian government has delayed the nationwide introduction of its B40 blending policy, which mandates a 40% palm oil mix with 60% diesel fuel, Reccessary reported.

15/01/2025 (Reuters), Jakarta - Malaysian palm oil futures closed lower on Tuesday as investors booked profit after two sessions of sharp gains on lower palm oil stocks and rising oil prices.

15/01/2024 (The Star), Petaling Jaya - Crude palm oil (CPO) prices are expected to average at RM4,000 a tonne this year, compared with the current market price of RM4,450 a tonne, on more bearish demand supply dynamics.

14/01/2025 (The Sun), Kuala Lumpur - The average crude palm oil (CPO) price surged by 9.7% to RM4,179.50 per tonne last year from RM3,809.50 per tonne in 2023, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

14/01/2025 (The Edge Malaysia), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) is expecting tight global supply, partly due to Indonesia's upcoming B40 biodiesel mandate, to keep crude palm oil (CPO) prices firm in 2025.

14/01/2025 (Bernama), Putrajaya - The palm oil trade is a cornerstone of ASEAN's economic activity, and Malaysia is committed to leveraging regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP) and ASEAN's Free Trade Agreements (FTAs) with countries like South Korea, Australia and New Zealand.

14/01/2025 (Bernama), London - Malaysian products, particularly palm oil, are expected to benefit from tariff-free access in the United Kingdom (UK) under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement.

14/01/2025 (The Economics Times) - India's palm oil imports dropped sharply in December as cheaper soybean oil from South America gained market share in the world's largest edible oil importing nation, industry data showed on Tuesday. Soybean oil imports more than doubled to 420,000 tonnes in December 2024 from 152,650 tonnes a year earlier, according to the Solvent Extractors' Association of India (SEA).

14/01/2025 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, extending its gains from last Friday.

14/01/2025 (Reuters), Jakarta - Malaysian palm oil futures closed higher on Monday, tracking strength in rival soyoil on Dalian and Chicago markets.

14/01/2025 (The Star), Petaling Jaya - Tighter supply deficits for global edible oils will likely see crude palm oil (CPO) prices trading firm in the RM4,000-RM4,800 per tonne range for the first half of 2025 (1H25), according to analysts.