Latest News

MARKET DEVELOPMENT
27-08-2025

Indonesia says US agrees tariff exemption for its palm oil, cocoa, rubber

26/08/2025 (Astro Awani International), Jakarta - The United States has agreed in principle to exempt Indonesian exports of cocoa, palm oil and rubber from the 19% tariff imposed by President Donald Trump since August 7, Indonesia's top trade negotiator said on Tuesday.

MARKET DEVELOPMENT
27-08-2025

Malaysia's commodities ministry seeks tax exemption for palm oil raw materials

26/08/2025 (Channel News Asia), Kuala Lumpur - Malaysia's commodities ministry is seeking to exempt crude palm kernel oil and palm kernel olein oil from the country's sales and services tax (SST), it said on Tuesday.

MARKET DEVELOPMENT
27-08-2025

WTO rules against EU’s palm oil tariffs

26/08/2025 (Biofuels international) - Following the WTO’s ruling against the European Union’s tariffs on Indonesian palm oil, GAPKI chairman Eddy Martono issued the following statement.

MARKET DEVELOPMENT
27-08-2025

Innospec expands partnership with IJM to protect palm oil workers

26/08/2025 (Investing.com), Eaglewood, Colombia - Innospec Inc. (NASDAQ:IOSP), a specialty chemicals company with a market capitalization of $2.1 billion, announced Tuesday it has entered the second year of its partnership with International Justice Mission (IJM) focused on protecting palm oil workers in Indonesia from forced labor and human trafficking. According to InvestingPro data, the company maintains strong financial health with more cash than debt on its balance sheet.

OILS & FATS
27-08-2025

Edible oil sector flags working capital crunch over GST refund restrictions

26/08/2025 (Indian Express) - As the central government is in the process of overhauling the Goods and Services Tax (GST) framework, the edible oil industry on Tuesday urged the government to lift restrictions on Input Tax Credit (ITC) imposed from 2022, stating that they are hurting the industry and causing a working capital crunch.

OILS & FATS
27-08-2025

USDA lowers Indonesia’s 2024/25 palm oil export estimate due to B40 mandate and reduced export demand

26/08/2025 (Oils & Fats International) - The US Department of Agriculture (USDA) has lowered its forecast for Indonesian palm oil exports in 2024/25 from its previous estimate to 22.8M tonnes due to the B40 mandate and reduced export demand.

MARKET DEVELOPMENT
26-08-2025

Bursa Malaysia, MPOC Spotlight East Malaysia’s Role In Global Palm Oil Market

25/08/2025 (Ukr Agro Consult) - Bursa Malaysia Derivatives Bhd and the Malaysian Palm Oil Council (MPOC) co-hosted the East Malaysia Palm Oil Forum (EMPOF) 2025 in Sabah, drawing over 200 delegates from across Southeast Asia, including policymakers, traders, plantation leaders, financial institutions and analysts. The event highlighted East Malaysia’s growing role in driving sustainable palm oil and contributing significantly to Malaysia’s export output.

OILS & FATS
26-08-2025

India is increasing purchases of cheap palm oil from Colombia and Guatemala

25/08/2025 (Ukr Agro Consult) -India bought rapeseed oil for the first time in 5 years with delivery in August, as local prices rose to a 3.5-year high, making imports profitable, while its own rapeseed crop will not appear on the market until March next year, Reuters reports.

OILS & FATS
26-08-2025

Yangon palm oil reference price set at K6,300 per viss

26/08/2025 (The Global New Light of Myanmar) - The wholesale reference rate of palm oil set for the Yangon market slightly increased to K6,300 per viss for the week ending 31 August from that of the previous week, according to the Supervisory Committee on Edible Oil Import and Distribution.

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