Latest News

OILS & FATS
04-08-2025

Mixed reactions to 19% tariff on M’sian exports

03/08/2025 (The Sun), Petaling Jaya - The recent announcement of a reduction in the tariff rate on Malaysian exports to the US, from 25% to 19%, has been portrayed as a major trade win.

OILS & FATS
01-08-2025

Indonesia’s biofuel bet risks backfiring

01/08/2025 (East Asia Forum) - Launched in early 2025, Indonesia’s ‘B40’ program mandates blending 40 per cent palm oil with diesel fuel. While aimed at boosting domestic biofuel use and supporting local plantation companies, its long-term sustainability remains uncertain. A more flexible and adaptive strategy is needed to safeguard fiscal and economic viability, energy security and environmental protection, as the Indonesian government considers hiking the mandatory rate of blended palm oil to between 50 and 100 per cent.

OILS & FATS
01-08-2025

Malaysia, Indonesia join forces to protect palm oil producers

31/07/2025 (Ukr Agro Consult) - Indonesia and Malaysia have agreed to work together to counter negative campaigns against their vital palm oil exports and strengthen protections for their workers as the countries brace for a slowdown in production due to looming US tariffs, the South China Morning Post reports.

MARKET DEVELOPMENT
01-08-2025

EU Grants Indonesia Zero-Tariff Access for Palm Oil Exports

31/07/2025 (Chem Analyst) - The European Union and Indonesia have reached a significant milestone in their bilateral trade relationship with the finalization of a Comprehensive Economic Partnership Agreement (CEPA), which includes provisions for palm oil imports. As reported by The Jakarta Globe, the two parties have agreed to allow a certain volume of palm oil from Indonesia to enter the EU market at a zero customs duty rate. This decision marks a shift from the EU’s previous position, which had initially excluded palm oil from the trade discussions entirely due to environmental concerns.

OILS & FATS
01-08-2025

Palm falls on weak rival edible oils, rising output, sluggish demand

31/07/2025 (New Straits Times), Kuala Lumpur - Malaysian palm oil futures slipped on Thursday, snapping two straight sessions of gains, weighed by rival edible oils while concerns over rising production and sluggish export demand added further pressure on prices.

MARKET DEVELOPMENT
01-08-2025

Malaysia-Indonesia pact sets stage for energy, labour protections, strategic halal and palm oil leadership

31/07/2025 (Malay Mail) - Indonesian President Prabowo Subianto and Malaysian Prime Minister Datuk Seri Anwar Ibrahim have agreed to strengthen bilateral cooperation in trade, investment, energy, and cross-border connectivity, while supporting efforts to expand opportunities in strategic sectors.

MARKET DEVELOPMENT
01-08-2025

FGV's inaugural mega carnival to empower settlers, promote palm oil

31/07/2025 (New Straits Times), Kuala Lumpur - FGV Holdings Bhd has launched its first-ever Festival FGV 2025 Mega Carnival, bringing together a wide range of exhibitions, innovations, and collaborative showcases under one roof.

OILS & FATS
01-08-2025

Nigeria Aims to Double Soybean Farmland by 2027 to Cut Edible Oil Imports

31/07/2025 (Chem Analyst News) - In a bold move to bolster food security and reduce dependency on imported edible oils, the Nigerian government has unveiled a comprehensive strategy aimed at doubling the country’s soybean cultivation by the year 2027. This plan, launched under the newly introduced National Soybean Production Policy and Strategy, seeks to expand the current soybean-farmed area from under one million hectares to two million hectares. This expansion is expected to yield an additional 460,000 metric tons of soybeans annually, addressing a significant portion of the nation’s production deficit.

OILS & FATS
01-08-2025

India Ramps Up Palm Oil Buying Ahead of Festival Season

31/07/2025 (Deccan Chronicle), Delhi - Indian vegetable oil importers are ramping up palm oil purchases ahead of the festival season as declining global prices make it cost-effective to meet expected demand surge during the festive period, according to the Indian Vegetable Oil Producers' Association (IVPA).

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