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CPO prices to remain elevated in Q1 due to low inventory levels as at end-2024
FGV, MPOB REDEFINE MALAYSIA’S PALM OIL INDUSTRY
Palm oil retreats on weak export demand
As Indonesia scores a palm oil ‘win’ over EU, what next for its big biofuel gamble?
Palm oil prices to average higher in 2025 on Indonesia biodiesel demand: Reuters poll
Malaysian crude palm oil (CPO) futures are expected to average higher in 2025 than last year, as top producer Indonesia boosts palm oil-based biodiesel consumption, although competition from cheaper rivals is expected to limit the upside, a Reuters poll showed.
Sharp increase in Italian Pome imports continue
Italian Pome imports under the 15220099 import code rose to 205,000t in January-November from 65,000t on the year. There is some lack of clarity on whether imports have increased or suppliers have improved adherence to import codes. November imports more than doubled on the year to over 12,000t (see chart).
Palm oil rises for third straight session, tracks rival oils higher
Malaysian palm oil futures climbed for a third straight session on Tuesday, supported by strength in Dalian and Chicago vegetable oils, although gains were limited by a drop in exports so far this month.
Indonesia welcomes WTO ruling on EU curbs on palm oil biofuel
Indonesia, the world’s largest palm oil producer, brought the case to the WTO dispute body in 2019 after the EU decided that palm oil-based diesel would not be considered a biofuel due to its link to deforestation and its use in transport fuel would be phased out between 2023 and 2030, according to the Indonesian News Agency Antara
Malaysia's palm oil sustainability efforts lauded by EU
It was reported that the EU's pending anti-deforestation law presents both challenges and opportunities for Malaysia's palm oil industry
Indonesia to make resource exporters hold all proceeds onshore for a year
Indonesia will require natural resource exporters to hold all proceeds onshore for at least one year, its chief economic minister said on Tuesday, a move that could boost the country's foreign exchange reserves by $90 billion a year and support the local currency
MPOC FORECASTS SEASONAL DROP INPALM OIL EXPORTS FOR JANUARY, FEBRUARY 2025
Malaysia’s palm oil exports are expected to experience a seasonal decline in January and February this year, primarily due to a drop in production, said the Malaysia Palm Oil Council (MPOC).
Leading this evolution is FGV Holdings Berhad, a key player in the agribusiness landscape and one of the largest producers of Crude Palm Oil (CPO) in the world.
Indonesia bolsters financing for agriculture, fisheries enterprises
The Indonesian Government is also boosting the business cluster-based KUR and KUR for agricultural tools and machinery as strategic steps to boost productivity in the agriculture sector