Edible Oil News in English
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147Palm closes over 3% higher following crucial data announcement
Malaysian palm oil futures surged over 3% to 4,384 ringgit (\$1,036.16) a ton, their highest since April 3, boosted by stronger-than-expected MPOB...
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147Oil palm cultivation emerges as sustainable source of income for Chhattisgarh farmers
Chhattisgarh has brought 2,689 hectares under oil palm in four years, benefiting 1,952 farmers. Supported by central and state grants, the crop...
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147Malaysia : Old trees and ageing farmers worsen outlook for top palm oil exporters
Ageing palm trees and slow replanting in Malaysia and Indonesia threaten global supply, with exports projected to fall 20% by 2030. Smallholders,...
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120Myanmar : CBM sells over US$1.6M to edible oil importers on 7 Aug
In early August, the Central Bank of Myanmar sold millions in foreign currency to edible and fuel oil importers, alongside yuan and...
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102Palm rises on stronger rival oils, set to snap two-week losing streak
Malaysian palm oil futures rose on Friday, breaking a two-week losing streak. The October contract climbed 0.97% to RM4,281 per metric ton,...
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111Centre Issues New Order For Closer Monitoring Of Edible Oil Stocks To Check Prices
The Centre has amended the 2011 Vegetable Oil Products Order to improve transparency and data collection in the edible oil sector. This...
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110Boom in vegetable oil exports from Nepal raises concerns about trade manipulation
Nepal’s exports rose 72.71% to USD 1.55 billion in 10 months, driven by re-exports of soybean, sunflower, and palm oils. These oils,...
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100Malaysia : PAC starts probe into cooking oil subsidy and price control management
Malaysia’s Public Accounts Committee (PAC) has begun reviewing the management of cooking oil subsidies and price controls to ensure efficient public spending....
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111Yangon palm oil reference price set higher this week
Yangon’s palm oil reference price rose to K6,240 per viss for the week ending 10 August, up K110 from the previous week....
