Latest News

OILS & FATS
28-10-2024

CPO price strength could dissipate through end-2024, says BMI

25/10/2024 (The Edge Malaysia), Kuala Lumpur - While bullish drivers for crude palm oil (CPO) prices may be strong in the immediate term, they are expected to dissipate through end-2024, said BMI, a Fitch Solutions company.

OILS & FATS
28-10-2024

With crude palm oil rates on fire, consumer firms start raising prices

27/10/2024 (Business Standard) - With crude palm oil prices on the rise, companies have started to jack up rates of soaps and edible oils in order to pass on the hike to consumers.

OILS & FATS
28-10-2024

Edible oil prices rise in spite of VAT cut

27/10/2024 (The Daily Star) - The move came at a time when inflation has been hovering over 9 percent since March 2023. Food inflation has remained above 10 percent since April this year.

OILS & FATS
28-10-2024

Man turns waste into wealth with used cooking oil business

27/10/2024 (Bernama), Seremban - It all began with wanting to help the community earn income by selling sell used cooking oil about five years ago, Mohd Hazim Mohd Mustazar, 33, is now able to earn a five-figure income a month.

OILS & FATS
25-10-2024

CPO Futures Rally On Expectations Of Weaker Output, Lower Stockpiles

24/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to above RM4,600 per tonne for the January 2025 benchmark contract, boosted by positive sentiment amid expectations of weaker output and lower stock levels, said a trader.

OILS & FATS
25-10-2024

Palm surges for fourth day on lower stockpiles, possible production drop

24/10/2024 (Reuters), Kuala Lumpur - Malaysian palm oil jumped more than 2% on Thursday, supported by expectations of palm production declines and lower national stockpiles.

OILS & FATS
25-10-2024

GAPKI confident EU deforestation law has minimum impact on exports

24/10/2024 (Indonesia Business Post) - The Indonesian Palm Oil Association (GAPKI) remains optimistic that the European Union Deforestation Regulation (EUDR) will not significantly impact Indonesia’s palm oil exports to Europe.

OILS & FATS
25-10-2024

Higher biodiesel mandates in Indonesia set to curb palm oil supplies

24/10/2024 (Oils & Fats International) - The introduction of higher biodiesel blending mandates by Indonesia is likely to tighten palm oil, according to a leading analyst quoted in a Reuters report.

OILS & FATS
25-10-2024

MPOB, Soppoa strengthen ties through webinar on bagworm management for oil palm sustainability

25/10/2024 (The Borneo Post), Kuching - The Malaysian Palm Oil Board (MPOB) and Sarawak Oil Palm Plantation Owners Association (Soppoa) further strengthened their collaboration this year through a webinar focused on bagworm management.

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