Palm oil is a type of edible vegetable oil derived from the fruit of the oil palm tree (Elaeis guineensis), native to West Africa but now widely grown in tropical regions, particularly in ...

Benchmark palm oil prices will average 4,350 ringgit ($972.07) a metric ton this year, up 5.4% from 2024, according to a median estimate of 11 traders, analysts and industry participants.

MUMBAI, Jan 16 (Reuters) - India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil's premium over rivals drives buyers ...

Chennai: Palm oil has lost its market share in the imported edible oil basket to 48 per cent in December 2024 from 72 per cent in December 2023 as Malaysian palm oil prices went up in 2024.

According to data from Trading Economics, the price of palm oil reached its highest point since mid-2022 late last year. On 11 November, the price reached 5,195 Malaysian ringgit (€1121.76) per tonne, ...

resident Prabowo Subianto’s renewed call to expand oil palm plantation areas has sparked debates on deforestation and climate commitments. While palm oil brings in more than US$20 billion ...

JAKARTA : Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to comply with the ...

Hindustan Unilever (HUL) is acquiring the palm undertaking of Vishwatej Oil Industries in Kamareddy district of Telangana as part of its palm localisation strategy. Setting up sapling nurseries ...

Ukraine Drones Hit Russian Oil Pumping Station, Missile Storage Site, Kyiv Source Says KYIV (Reuters) - An overnight Ukrainian drone attack hit Russia's Andreapol oil pumping station, part of the ...

KUALA LUMPUR: Malaysian palm oil stocks are expected to be around 1.6 million metric tons this year, compared with 1.71 million tons in 2024, the Malaysian Palm Oil Board said on Tuesday.

A group of EU member states that have the largest natural gas storage capacity have held informal discussions about a potential easing of the binding filling targets after 2025, officials have ...

“This should bring down unit production costs for crude palm oil (CPO), which averaged at ... It maintained its forecast fresh fruit bunch (FFB) growth of 3% year-on-year for SD Guthrie this ...