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Latest Articles in palm oil

Indonesian Government Plans To Raise Palm Oil Export Levy - Minister

Indonesia, the world's largest palm oil producer, is expanding its biodiesel programme to use more palm oil as a feed stock for transport fuels in order to cut energy imports.

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Indian Rapeseed Refiners Call For Halt To Palmolein Imports

Indian palm oil imports fell 27% in January from a year earlier to 594,804 tonnes, partly due to the restriction on imports of refined palm oil.

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India Allots Import Licences For 1.1 Million Tonnes Of Refined Palmolein From Indonesia

India imported 9.4 million tonnes of palm oil in the marketing year that ended on October 31, including 2.72 million tonnes of refined palm oil.

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India's Curbs On Malaysian Palm Imports Stir Up Edible Oil Trade

Malaysia's latest palm export data revealed the impact of India's restrictions, with shipments to India in January falling 85% from a year earlier to 46,876 tonnes, the lowest since 2011.

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Asian Palm Oil Producers Label New EU Safety Limits As 'Trade Barrier'

Palm oil is widely used in food so the move could hurt demand for its use. The tropical oil is already facing restrictions on its use in transportation fuel in the EU.

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Pakistan Pledges To Buy More Malaysian Palm Oil To Compensate For India's Withdrawal

Pakistan bought 1.1 million tonnes of palm oil from Malaysia last year, while India bought 4.4 million tonnes, according to the Malaysian Palm Oil Council.

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Palm Oil Set For More Losses On China Coronavirus, India Import Curbs

Malaysia's benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange plunged 14.9% in January, its biggest monthly drop since August 2014.

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Palm Oil Prices To Climb 17.9% In 2020 On Tight Supplies, Biodiesel Programmes

Output in No.2 producer Malaysia will grow by 0.35% to 19.93 million tonnes this year, based on the median estimate from 14 participants.

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India's Palm Imports Seen Falling On Price Rally, Malaysia Curbs

Indian traders said they have turned to top producer Indonesia to buy palm instead, and are also taking a small amount from Thailand.

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India's December Palm Oil Imports Drop 8.6% As Prices Rally

The country's sunflower oil imports in the month fell 16.1% from a year ago to 197,842 tonnes.

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Palm Oil Falls 2% On Lower-Than-Expected Exports Amid India-Malaysia Tensions

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange closed down 60 ringgit.

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'Concerned But We Need To Be Frank': Malaysia PM On India Palm Oil Curbs

India was Malaysia's biggest buyer of palm oil in 2019, with 4.4 million tonnes of purchases.

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India Asks Domestic Refiners To Avoid Buying Malaysian Palm Oil

Palm oil inventories could spike in Malaysia, and prices may come under pressure if India, the world's biggest buyer of palm oil, reduces purchases from the country.

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Govt Has No Role In SEAI Advisory Refraining From Importing Malaysian Palm Oil: Goyal

India is the world's largest buyer of vegetable oils, importing about 9.5 million tonnes of which 3 million tonnes is imported by traders from Malaysia.

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India May Restrict Imports Of Palm Oil, Other Goods From Malaysia: Sources

New Delhi is looking for ways to limit palm oil imports and may place restrictions on other goods from the country, said a government source.

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