PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 16 Apr 2026

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Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  18-06-2021

Centre cautious of cutting import duties on edible oils

India is the largest importer of vegetable oils, a base ingredient for cooking most common dishes, and meets up to two-thirds of its domestic demand through imports, costing it up to $10 billion annually.

MARKET DEVELOPMENT  
  18-06-2021

Bottled edible oil becomes dearer as prices jump up another notch

Consumers expressed their frustration at various kitchen markets and grocery shops over the prices

MARKET DEVELOPMENT  
  18-06-2021

Soybeans wipe out this year’s surge as crop rally cools

(June 17): Soybeans wiped out this year’s gain as rains across the US growing belt and questions over government biofuel policy erode bullish sentiment. Other crop futures from soybean oil to corn also slid.

MARKET DEVELOPMENT  
  18-06-2021

Palm futures to recoup losses on tight stocks

Malaysian crude palm oil (CPO) prices should continue to find firm support from rising global demand, despite sharp slides in futures this week, with both ending stocks and the stock-to-use ratio projected at historical lows next year.

MARKET DEVELOPMENT  
  17-06-2021

Palm oil slumps again amid labour constraints

PALM oil resumed declines to track losses in rival soy, while investors weighed the tropical oil’s production outlook amid labour constraints.

MARKET DEVELOPMENT  
  17-06-2021

India keeps base import price of palm oil, soyoil unchanged

MUMBAI: India kept the base import prices of palm oil and soybean oil unchanged for a fortnight, the government said in a statement late Tuesday, even as prices of the cooking oils fell sharply in the global market.

MARKET DEVELOPMENT  
  17-06-2021

Vegoils-Palm loses more than 2% tracking weak overseas soy prices

Malaysian palm oil futures plunged 4% on Wednesday, shedding sharp gains from the previous session, dragged down by a fall in soyoil prices on an improved weather outlook for the U.S. Midwest crop belt.

MARKET DEVELOPMENT  
  17-06-2021

Palm oil may rise into 3,691-3,757 ringgit range

SINGAPORE: Palm oil may break a resistance at 3,602 ringgit per tonne and rise into a range of 3,691 ringgit to 3,757 ringgit.

MARKET DEVELOPMENT  
  17-06-2021

Why edible oil prices are on fire

These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising—a litre of mustard oil now costs him Rs 192, about one and a half times the price in May last year, when it cost Rs 132 a litre. This has affected the entire vegetable oils market—the prices of hydrogenated vegetable oil (vanaspati), soya oil, sunflower oil and groundnut oil are all on the rise. Worse, this boom in edible oil prices has taken place during a period of low demand, caused by a stretch of normal monsoons, record oilseed production and the lockdowns across the country. In other words, there is no domestic reason for the price hikes—this is an international phenomenon.

MARKET DEVELOPMENT  
  17-06-2021

GRAINS-Soybeans hit 2-month low as vegetable oil prices tumble

CHICAGO, June 16 (Reuters) - U.S. soybean futures fell on Wednesday to their lowest level in nearly two months, pressured by a retreat in global vegetable oil prices from multi-year highs, analysts said.

MARKET DEVELOPMENT  
  17-06-2021

Soybeans plunge to two-month lows as biofuels enthusiasm cools

U.S. soybean futures fell to their lowest in nearly two months alongside weaker global vegetable oil prices that have been dropping from multi-year highs.

MARKET DEVELOPMENT  
  17-06-2021

Govt says edible oil prices softening; nearly 20% decline in some cases

The government on Wednesday said edible oil prices have started falling in the past one month, and the quantum of decline is nearly 20 per cent in some cases. Stating that India imports a significant quantity of edible oils to meet domestic demand, the Centre said it is working on a "series of mid- and long-term measures" to make the country self-sufficient.