Palm oil
Malaysia's palm oil stocks hit 4-month low in July as exports surge
The fall in stocks in Malaysia, the world's second-largest palm oil producer after Indonesia, would support benchmark futures <FCPOc3>, which are trading near their lowest level in seven months.
WTO panel rules in EU's favour in Malaysia palm oil dispute
The WTO ruling has been three years in the making after Malaysia, the world's second-largest producer of palm oil after Indonesia, initiated the case in 2021
Loose soybean oil sales banned from Aug 1
Consumers’ right body DG says at ERF event
Indonesia, Malaysia aim to fight 'discrimination' against palm oil
Indonesian President Joko Widodo on Thursday called for better collaboration with neighbouring Malaysia to fight what he called "discrimination" against their countries' palm oil products, as a new European Union law threatens to dent exports of the commodity.
5% VAT on edible oil extended to Dec 31
The government today extended the reduced 5 per cent value-added tax on edible oil for another three months to continue the relief for consumers from the indirect tax burden.
Indonesia trimming palm oil stocks with discounts, India sales
Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month's Diwali festival, industry officials said.
Edible oil: Prices drop in global markets, not at home
Even though prices of loose palm and soybean oil have dropped in wholesale markets, consumers are not being able to reap the benefits as retailers are still selling those at the government-fixed prices.
Increased mustard oil production: A solution to edible oil crisis
There is a huge hue and cry about the recent unprecedented price hike of soybean oil.
Over 92,000 litres of edible oil seized in Rajshahi
Police in a raid seized 92,616 litres of edible oil illegally stored at four warehouses and a truck at Baneshwar Bazar of Rajshahi's Puthia upazila today (May 10, 2022).
'TCB cardholders to get oil at Tk 110 per litre from June'
The Trading Corporation of Bangladesh (TCB) will resume selling edible oil at Tk 110 a litre to one crore TCB cardholder families in June, Senior Commerce Secretary Tapan Kanti Ghosh said today.
India to import palm oil from Bangladesh
India has issued about 70 licences for importing about five lakh tonnes of refined palm oil from three countries -- Bangladesh, Nepal and Indonesia, sources say.
Malaysia turning to food crops as palm oil price falls
Malaysia is looking to diversify into food crops, in the face of fluctuating commodity prices and Western countries' hostility towards palm oil.
Liberians 'pressured to sell land' for palm oil plantations
Communities in Liberia are being pressured to sign away their land to make way for palm oil plantations, according to a campaign group.