|
AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Oil palm cultivation an economic win-win for India
The world’s most populous country is the largest importer of the commodity, which is present in everything from soaps and shampoos to ketchup and packaged snacks. This dependence has weighed on the country’s exchequer and left it vulnerable to price volatility and supply chain disruptions
Palm up on stronger rival soyoil, weaker ringgit
Malaysian palm oil futures opened higher on Monday, snapping two consecutive sessions of declines, supported by stronger rival soyoil and a weaker ringgit.
Portsim bolsters Malaysia's presence in China's high-value palm oil market
Malaysia's strategic presence in China's high-value palm oil market has been significantly bolstered by the work of the Palm Oil Research and Technical Service Institute of Malaysia (Portsim) in Shanghai
CPOPC: Bill Gates’ Statement On Palm Oil Misleading
The Council of Palm Oil Producing Countries’ (CPOPC) Secretary General Rizal Affandi Lukman said that Bill Gates’ statement about palm oil damaging the environment is misleading because it does not correspond to the reality on the ground.
Malaysian palm oil higher
18/05/2025 (Reuters), Jakarta - Malaysian palm oil futures rose on Friday and were set to post their first weekly gain in three weeks as strong export data supported the contract despite weakness in vegetable oils in the Chicago and Dalian commodity exchanges.
Malaysian delegation in China to boost ties in palm oil sector
18/05/2025 (New Straits Times), Kuala Lumpur - Malaysia is strengthening its strategic trade ties with China through a week-long official mission led by Deputy Plantation and Commodities Minister Datuk Chan Foong Hin, aimed at unlocking new market potential for palm oil and promoting innovation in downstream products.
Indonesia palm oil group urges govt to delay levy hike
16/05/2025 (Reuters), Jakarta - The Indonesia Palm Oil Association, Gapki, on Friday urged the government to delay a planned hike in the palm oil export levy warning it could harm competitiveness amid global trade uncertainties due to the US tariffs and geopolitical tension.
Indonesia to raise crude palm oil export levy to fund biodiesel, replanting initiatives
19/05/2025 (ANN/The Jakarta Post) - The Indonesian government will raise its export levy on crude palm oil (CPO) from 7.5 per cent to 10 per cent of the reference price, in a move aimed at financing its national biodiesel programme and supporting replanting efforts in the sector.