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MARKET DEVELOPMENT
07-02-2025

Palm rises on fears of lower production, demand concerns

06/02/2025 (New Straits Times), Kuala Lumpur - Malaysian palm oil futures ticked up for a second straight session on Thursday, supported by expectations of a decline in production, though a lack of demand from key importing countries limited the gains.

MARKET DEVELOPMENT
07-02-2025

GAPKI asks expanded oil palm oil plantations to meet B50-B100 mandate by 2045

06/02/2025 (Indonesia Business Post) - The Indonesian Palm Oil Association (GAPKI) says that Indonesia needs to have extended oil palm plantations to meet the needs of the mandatory program of mixing fuel oil (BBM) and biofuel (BBN) by 50 percent or B50 up to B100.

MARKET DEVELOPMENT
07-02-2025

CPO Futures Extend Gains On Weaker Output Outlook

06/02/2025 (Bernama) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday for the second straight day, driven by weaker output expectations.

MARKET DEVELOPMENT
07-02-2025

Cooking oil goes missing from grocery shelves, again

07/02/2025 (The Daily Star) – Kitchen markets, including those in the capital Dhaka, are facing a shortage of both branded bottled and non-branded loose soybean oil, prompting prices to spike and causing frustration among consumers already struggling with stubbornly high inflation.

MARKET DEVELOPMENT
07-02-2025

India's push for self-reliance in palm oil gets a boost with NMEO-OP

06/02/2025 (Business Standard) - From packaged foods to personal care products, palm oil is an irreplaceable ingredient that makes modern life possible. Hence, as a country that is the world’s biggest importer of crude edible palm oil and accounts for 38 per cent of global palm oil consumption, achieving self-sufficiency in palm oil production is not only essential for reducing the considerable foreign exchange burden but also for enhancing sustainability in palm oil consumption. It is through the launch of the National Mission on Edible Oil - Oil Palm (NMEO-OP) in 2021 that India kickstarted its crucial journey towards self-reliance in edible oils.

MARKET DEVELOPMENT
06-02-2025

Indonesia’s CPO export levy hike will make Malaysian crude palm oil more competitive: Experts

05/02/2025 (The Sun), Petaling Jaya – Industry experts opine that an increase in Indonesia’s crude palm oil (CPO) export levy will enhance demand for Malaysian CPO rendering it more competitively priced.

MARKET DEVELOPMENT
06-02-2025

CPO FUTURES REBOUND ON SOYBEAN OIL GAINS, INDIA’S RENEWED PURCHASES

05/02/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives rebounded to close higher, driven by gains in soybean oil and market optimism over India’s renewed palm oil purchases to replenish stocks.

MARKET DEVELOPMENT
06-02-2025

India's Palm Oil Imports Plunge to Historic Lows as Market Dynamics Shift

05/02/2025 (Chem Analyst News) - In a significant transformation of global vegetable oil markets, India's palm oil imports have plummeted to their lowest levels in over a decade, according to the media sources. The dramatic decline, reaching a multi-year low last month, signals a major shift in the purchasing strategy of the world's largest vegetable oil buyer.

MARKET DEVELOPMENT
06-02-2025

An astronomical jump in Nepal’s soyabean oil exports baffles experts

06/02/2025 (The Kathmandu Post) - Nepal’s soyabean oil exports to India have seen an astonishing 45-fold increase in the first half of the current fiscal year, even though Nepal produces very little soyabean itself.

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