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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Profit-taking expected in CPO market next week
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see profit-taking next week as traders pare their positions ahead of the Chinese New Year celebrations, according to Interband Group of Companies' senior palm oil trader, Jim Teh
Stronger together: Solidarity among oil palm producers
Among the various edible oil crops under agriculture, the oil palm stands out as the most efficient producer by far. The global oil palm area covers just about 26 million hectares, which represents less than 0.5% of the world’s agricultural land – or 5% to 6% of the total edible oil crop planted area globally. Despite its small footprint, oil palm produces more than 36% of global vegetable edible oil
India’s palm oil imports to hit 5-year low on negative margins, say sources
India’s palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil’s premium over rivals drives buyers to more competitively priced soy oil, government and industry officials told Reuters
Palm falls on weak rival oil prices, muted demand
17/01/2025 (Reuters), Jakarta - Malaysian palm oil futures fell for a third straight session on Thursday and ended at their lowest closing price in more than three months, dragged down by weakness in rival vegetable oils and muted demand.
16/01/2025 (Reuters), Mumbai - India’s palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil’s premium over rivals drives buyers to more competitively priced soy oil, government and industry officials told Reuters.
CPO FUTURES CLOSE LOWER ON WEAKER SOYBEAN, CRUDE OIL PRICES
16/01/2025 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower again today on weaker soybean and crude oil prices.
Indonesia pauses subsidies for palm oil biodiesel and replanting
16/01/2025 (Reuters), Jakarta - Indonesia is temporarily freezing the distribution of subsidies for mandatory palm oil biodiesel and replanting programmes, due to a reorganisation at its palm oil fund agency, an official said on Thursday.
Ecoscience Launches Eco-Plasma•HO Solution To Address Challenges In Palm Oil Mill Effluent
16/01/2025 (Business Today) - Integrated palm oil milling services provider, Ecoscience International Bhd has launched an innovative effluent water treatment solution, Eco-Plasma•HO to address the challenges of palm oil mill effluent (POME), wastewater generated during palm oil milling process that requires effective treatment before discharging into watercourses due to its highly polluting properties.
Malaysian palm oil futures lower
16/01/2025 (Reuters), Jakarta - Malaysian palm oil futures closed lower on Wednesday, tracking rival soyoil’s weakness in Dalian and Chicago markets and lack of fresh demand.
