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Palm oil buyers switch to soy, sunflower oil

The rebound in palm oil prices is likely to be capped by abundant supplies of rival soyoil and sunflower oil, "soft" oils that are...

Indonesia approved 53,012 hectares of palm oil replanting in 2023

Indonesia in 2023 approved the replanting of 53,012 hectares (130,995.5 acres) of palm oil trees on land owned by smallholder farmers under a subsidised...

India slows palm oil imports

Indian buyers curtailed purchases of palm oil for December and January shipments due to rising prices and as refiners face negative margins after making...

New palm oil tracing system to be launched in 2024

The Roundtable on Sustainable Palm Oil (RSPO) said on Tuesday it is developing a new system to trace the origin and environmental credentials of...

Top palm oil buyer expects 26% jump in imports

India's palm oil imports are set to jump 26% to a record high in the 2022/23 year ending on Oct. 31, as a recovery...

From rice to palm oil, Asian crops output forecast lower

An unusually dry August has taken a toll on cereal and oilseed crops in Asia as El Nino intensified, and forecasts for lower rainfall...

Palm oil demand surge across region

After the surge in the discount on soybean oil and sunflower oil, the demand for palm oil raises further across the region, ARY News...

Palm oil demand boosted as rival oil prices jump

Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent price rise in rival...

Airline tests cooking oil-blended jet fuel

Garuda Indonesia said on Tuesday it is testing jet fuel mixed with palm oil in the engines of one of its Boeing aircraft, amid...

‘Palm oil companies will not be affected by new law’

Bigger palm oil companies will not be affected by a new European Union law banning goods linked to deforestation, two of Malaysia's largest producers...

Indonesia, Malaysia aim to fight ‘discrimination’ against palm oil

Indonesian President Joko Widodo on Thursday called for better collaboration with neighbouring Malaysia to fight what he called "discrimination" against their countries' palm oil...

Palm oil dispute won’t have bearing on trade talks

A dispute between the European Union and major palm oil producers Indonesia and Malaysia over a new deforestation law will have no bearing on...

Top palm oil buyer’s May imports set to fall to 27-month low

India's palm oil imports in May are set to fall to their lowest in 27 months as its rare premium over other edible oils...

India’s palm oil imports could jump to 4-year high

India's palm oil imports could jump 16% in 2022/23 to a four-year high of 9.17 million tonnes, as consumption is set to jump after...

India considers raising palm oil import tax to help local farmers

India, the world's biggest importer of vegetable oils, is considering raising its import duty on palm oil to help support local farmers reeling from...

How is India coping with Indonesia’s curbs on palm oil exports?

Indonesia's plans to restrict palm oil exports are unlikely to create a shortage in top consuming market India, where stocks have risen to a...

Why Malaysia is considering a ban on palm oil exports to EU?

Malaysia, the world's second-largest palm oil producer, on Thursday said it might stop palm exports to the European Union after the bloc imposed additional import restrictions...

Indonesia and Malaysia agree to fight “discrimination” against palm oil

Indonesia and Malaysia, the world's biggest producers of palm oil, agreed on Monday to work together to fight "discrimination" against the commodity after a...

India raises base import price of palm oil, gold

India raised the base import prices of gold, crude and refined palm oil, the government said in a statement on Tuesday, as prices rose...

India’s palm oil imports fall as soyoil dents market share

India's palm oil imports in 2021/22 fell 4.8% from a year earlier as overseas buying of soyoil jumped 45.3% to a record high after...

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