Latest News

OILS & FATS
21-02-2025

Indian refiners cancel palm oil orders due to price surge

20/02/2025 (Free Malaysia Today), Mumbai - Indian refiners have cancelled orders for 70,000 metric tonnes of crude palm oil (CPO) scheduled for delivery between March and June, because of a surge in benchmark Malaysian prices and negative refining margins in India, four trade sources said.

MARKET DEVELOPMENT
21-02-2025

Palm rangebound ahead of export data

20/02/2025 (New Straits Times), Kuala Lumpur - Malaysian palm oil futures traded in a tight range on Thursday, as traders awaited export estimates for further cues.

MARKET DEVELOPMENT
21-02-2025

Palm oil prices continue to rise as demand remains strong

21/02/2025 (The Western Producer), Saskatoon - Palm oil futures have been on a rocket ride since the summer of 2024.

MARKET DEVELOPMENT
21-02-2025

Singapore's Wilmar misses full-year profit view, flags palm oil refining headwinds

20/02/2025 (MSN) - Singaporean food conglomerate Wilmar International reported a bigger-than-expected fall in full-year core net profit on Thursday and flagged challenging conditions for its palm oil refining segment in fiscal 2025.

MARKET DEVELOPMENT
21-02-2025

Indonesian Govt Ensures Cooking Oil Prices to Drop Before Ramadan

20/02/2025 (Tempo.co) - Minister of Agriculture Andi Amran Sulaiman promises that the price of cooking oil will decrease soon. He made the promise after leading a limited coordination meeting to ensure sufficient stock and stabilize food prices before Ramadan.

WORLD
20-02-2025

Indonesia dan Malaysia Gandeng FAO Siapkan Standar Keberlanjutan Sawit

Pemerintah Indonesia dan Malaysia bekerja sama dengan Food and Agriculture Organization (FAO), organisasi PBB untuk pangan dan pertanian, akan menyusun standar keberlanjutan (sustainability) global untuk minyak sawit. Penyusunan ini adalah salah satu upaya Indonesia dan Malaysia sebagai dua produsen terbesar sawit untuk membuat standar keberlanjutan di luar Uni Eropa (UE).

OILS & FATS
20-02-2025

Palm Oil Greatly Contributes To Realization of UN’s SDGs

The palm oil industries have contributed to the realization of global development targets as formulated by the United Nations (UN) in its sustainable development goals (SDGs) in 2015. The SDGs are part of the UN agenda to strengthen the social, economic, and environmental dimensions of sustainable development in 2030.

OILS & FATS
20-02-2025

Indonesian palm oil exports down 24% in January

Indonesia started 2025 with a significant drop in exports of its main commodity, palm oil, the Jakarta Globe reported, citing data from the Central Statistics Agency (BPS).

MARKET DEVELOPMENT
20-02-2025

Malaysia keeps March crude palm oil export duty at 10%

The world's second-largest palm exporter calculated a reference price of RM4,390.37 per metric ton for March. (Photo by Low Yen Yeing/The Edge)

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