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OILS & FATS
16-01-2025

Malaysia ready to meet Pakistan's growing palm oil demand: Johari Ghani

15/01/2025 (New Straits Times), Kuala Lumpur - Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has reaffirmed Malaysia's readiness to meet Pakistan's growing demand for palm oil with high-quality and sustainable products.

OILS & FATS
16-01-2025

Indonesia delays B40 while GAPKI warns news 10% export tax will make country’s palm oil exports less competitive

15/01/2025 (Oils & Fats International) - The Indonesian government has delayed the nationwide introduction of its B40 blending policy, which mandates a 40% palm oil mix with 60% diesel fuel, Reccessary reported.

OILS & FATS
15-01-2025

Malaysian palm oil futures lower

15/01/2025 (Reuters), Jakarta - Malaysian palm oil futures closed lower on Tuesday as investors booked profit after two sessions of sharp gains on lower palm oil stocks and rising oil prices.

OILS & FATS
15-01-2025

CPO production likely to increase 3% this year

15/01/2024 (The Star), Petaling Jaya - Crude palm oil (CPO) prices are expected to average at RM4,000 a tonne this year, compared with the current market price of RM4,450 a tonne, on more bearish demand supply dynamics.

OILS & FATS
15-01-2025

Malaysia’s 2024 average crude palm oil price surged by 9.7% year-on-year

14/01/2025 (The Sun), Kuala Lumpur - The average crude palm oil (CPO) price surged by 9.7% to RM4,179.50 per tonne last year from RM3,809.50 per tonne in 2023, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

OILS & FATS
15-01-2025

Tight supply, biodiesel mandate to support CPO prices in 2025 — MPOB

14/01/2025 (The Edge Malaysia), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) is expecting tight global supply, partly due to Indonesia's upcoming B40 biodiesel mandate, to keep crude palm oil (CPO) prices firm in 2025.

OILS & FATS
15-01-2025

Malaysia's ASEAN Chairmanship Strengthens Palm Oil Trade And Regional Cooperation – MPOB

14/01/2025 (Bernama), Putrajaya - The palm oil trade is a cornerstone of ASEAN's economic activity, and Malaysia is committed to leveraging regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP) and ASEAN's Free Trade Agreements (FTAs) with countries like South Korea, Australia and New Zealand.

OILS & FATS
15-01-2025

CPTPP grants tariff-free access to UK market for Malaysian palm oil – Envoy

14/01/2025 (Bernama), London - Malaysian products, particularly palm oil, are expected to benefit from tariff-free access in the United Kingdom (UK) under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement.

OILS & FATS
15-01-2025

India's palm oil imports slump in Dec as soybean oil gains market share

14/01/2025 (The Economics Times) - India's palm oil imports dropped sharply in December as cheaper soybean oil from South America gained market share in the world's largest edible oil importing nation, industry data showed on Tuesday. Soybean oil imports more than doubled to 420,000 tonnes in December 2024 from 152,650 tonnes a year earlier, according to the Solvent Extractors' Association of India (SEA).

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