palm oil prices Archives

Indonesia raises base export price for palm oil in June

Indonesia cut June’s crude palm oil reference price to $1,029.50/tonne from $1,049.58 due to weaker demand, especially from India. The export tax...

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Edible Oil News in English

Palm oil prices are expected to continue rising after a short-term correction

Palm oil prices have weakened recently due to peak Southeast Asian production, higher inventories and softer demand, particularly in China. However, expected...

101

Edible Oil News in English

Odisha : Edible oil, vegetables prices surge amid fuel hike

Bhubaneswar and other parts of Odisha are witnessing a sharp rise in prices of essential commodities, including vegetables, pulses and edible oils....

149

Edible Oil News in English

Indonesian palm oil farmers hit by price drop after export centralization reform

Indonesia palm oil farmers are facing sharp income losses after a new export centralization policy disrupted trading activity. Fresh fruit bunch prices...

125

Edible Oil News in English

Global demand for sunflower oil is growing, but competition between exporters is intensifying

Global buyers are shifting from costly palm oil to cheaper sunflower oil, boosting exports from Ukraine, Argentina, Russia and Turkey. Rising competition,...

129

Edible Oil News in English

Indonesia plan to centralise palm oil exports raises fears of supply disruption

Indonesia plans to route palm oil exports through a state agency, raising concerns over tighter global supplies and greater price volatility. The...

112

Edible Oil News in English

Rumors of Indonesian export restrictions lift Malaysian palm oil prices

Rumors of possible Indonesian palm oil export restrictions lifted global vegetable oil prices, with Malaysia’s benchmark August palm oil contract rising 1.17%...