Latest News

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).

MARKET DEVELOPMENT
31-07-2025

Palm Oil Exports to the US Rise 51.8Pct to 93,000 Tonnes for January ToMay 2025 – KPK

30/07/2025 (Bernama), Kuala Lumpur - Malaysia’s palm oil exports to the United States (US) increased by 51.8 per cent to 93,000 metric tonnes from January to May 2025, compared to 61,000 metric tonnes during the same period last year.

OILS & FATS
31-07-2025

EU to allow Indonesia to supply palm oil at zero rate

30/07/2025 (Ukr Agro Consult) - The European Union and Indonesia, within the framework of the concluded trade agreements, have agreed on palm oil supplies with a customs rate of 0%, reports the Jakarta Globe.

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