Archived News

Indonesia expects its B40 biodiesel programme will reach full implementation shortly after delays at the start of the year

Malaysian palm oil futures closed up for the second straight session on Thursday, supported by the strength in Dalian’s market and the released surveyors’ export data

Malaysian palm oil closed up on Wednesday after Indonesia’s reaffirmation to raise its palm oil export levy, although Malaysia’s weaker production data has capped gains

A recent report by Cardinal Stone Research highlights a rise in global CPO supply to 79.5 million metric tons (MMt) in 2024/25, up from 76.2 MMt in 2023/24, largely driven by favorable weather conditions

The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed mostly higher on Thursday, tracking expectations of lower output incoming weeks due to the current flood situation in Johor, said palm oil trader David Ng.

18/03/2025 (Fastmarkets) - Malaysia’s palm oil exports during March 1-15 totalled 381,790 tonnes compared with 422,425 tonnes the preceding month due to lower purchases from key destination markets, according to figures from cargo surveyor Intertek Testing Services (ITS).The figure excludes shipments of soft oils, coconut oils and used cooking oil (UCO), with the volume down by 10%, or 40,635 tonnes, from the February 1-5 period.

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.