Archived News

03/02/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivates ended higher today, extending gains for the fifth consecutive day of trading on the back of stronger soyabean oil and crude oil prices.

04/02/2025 (The Global New Light of Myanmar) - The wholesale reference rate of palm oil for the Yangon market declined further to K7,165 per viss this week from 3 to 9 February, according to the Supervisory Committee on Edible Oil Import and Distribution.

03/02/2025 (New Straits Times), Takbai - It has become difficult to find Malaysian-subsidised 1kg cooking oil in polybags in this border town since Kelantan police cracked down on illegal crossings.

04/02/2025 (TBS News) - Like elsewhere in the country, consumers in Khulna are struggling with rising rice and edible oil prices.

04/02/2025 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures closed higher for a fifth consecutive session on Monday, supported by stronger Chicago soyoil and firmer crude oil prices.

03/02/2025 (Times of India), Ahmedabad – The National Mission for Edible Oils, announced during the Union Budget, will help achieve self-reliance in edible oils and, in turn, help stabilize or even reduce edible oil prices, according to solvent extractors and edible oil manufacturers.

31/01/2025 (New straits Times), Kuala Lumpur - Malaysian palm oil futures reversed early losses to end higher on Friday, and logged a second consecutive weekly gain, as stronger rival Chicago soyoil and a weaker currency offset market uncertainty over Indonesia's export rates and US tariff threats.

31/01/2025 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Busa Malaysia Derivates climbed for the fourth consecutives day of trading on Friday due to higher soyabean oil prices as well as weaker production outlook in the coming weeks, a dealer said.

28/01/2025 (Antara News), Jakarta - Indonesia and Malaysia, which together account for around 80 percent of the world's palm oil production, agreed to enhance their cooperation within the industry, President Prabowo Subianto stated.

31/01/2025 (The Straits Times), Jakarta - Deforestation in Indonesia rose again in 2024, said a local environmental non-governmental organisation (NGO) on Jan 31, based on satellite image analysis and fieldwork.

02/02/2025 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures reversed early losses to end higher on Friday, and logged a second consecutive weekly gain, as stronger rival Chicago soyoil and a weaker currency offset market uncertainty over Indonesia’s export rates and US tariff threats.

02/02/2025 (Iraqi News), Baghdad - Iraq has marked a significant milestone in its agricultural export sector by shipping vegetable oils abroad for the first time. According to a press release by the Iraqi Ports Company on Friday, the country successfully exported 40,000 tons of high-quality soybean oil from Umm Qasr South Port to promising markets in Pakistan and India. This development highlights Iraq’s growing presence in the global vegetable oil market.