Malaysia

The End Of Cheap Palm Oil? Output Stalls As Biodiesel Demand Surges

Prices of cooking oil could be buoyed up for years by stagnating production and a biodiesel push in top producer Indonesia that are making traditionally ch...

Heavy Rains To Hit Malaysian Palm Oil Output Again In December, Says MPOB

Malaysia's palm oil production is set to fall for the fourth consecutive month in December as heavy rainfall hit harvesting in the world's second-largest p...

Indonesia's Palm Oil Exports Set To Fall In 2024 On Rising Demand, Lower Output

Indonesia's palm oil exports are expected to decline in 2024 due to increased domestic consumption because of a higher biodiesel blending mandate and a sli...

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One Fifth Of Consumers 'Strongly Agrees' With Boycotting Brands Due To Geopolitical Tensions

One fifth of global consumers 'strongly agree' with boycotting brands due to geopolitical tensions, such as the current Israel-Hamas war, according to Glob...

EU Lawmakers Divided Over Calls To Delay Deforestation Law

European Union lawmakers are split over whether to delay the bloc's upcoming ban on imports of goods linked to deforestation, adding pressure on&...

Southeast Asia's Palm Production Seen Below Expectations, Says Analyst

Malaysian palm oil is expected to trade between 3,900-4,500 ringgit (€759.62 – €876.50) per metric tonne from now until June, as suppl...

World Vegetable Oil Deficit Likely In 2024, Demand Remaining High, Analyst Says

A global vegetable oil supply deficit next year is still very likely due to the impact of the El Nino weather pattern, while demand growth is still very hi...

Palm Oil Demand Boosted As Rival Oil Prices Jump On Supply Woes

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