NEWS FEED
  • 2 June, 2020
    Palm oil prices scale near two-month high as May exports rise
    KUALA LUMPUR: Malaysian palm oil futures rose to their highest level in nearly two months on Monday, supported by a rise in May exports and optimism over a recovery in demand. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange rose 39 ringgit, or 1.7 per cent, to 2,331 ringgit ($540.33) a tonne by […]
  • 1 June, 2020
    Malaysia’s CPO price may stay higher if exports to India are maintained
    KUALA LUMPUR (May 29): Malaysia’s crude palm oil (CPO) futures benchmark price may trade higher in June and July at RM2,400 per tonne if the world’s second largest edible oil producer maintains its higher export figures, including its export to India, Palm Oil Analytics owner and co-founder Dr Sathia Varqa said. However, as production reaches […]
  • 1 June, 2020
    Kenya expected to increase palm oil imports in the coming months
    On 8 April 2020, Kenyan President Uhuru Kenyatta has announced a 21-day restricted movement orders in Nairobi, Mombasa, Kilifi, and Kwale in its effort to combat COVID 19 spread and has since extended the order until further notice. Fortunately, the movement of food supplies and other essential cargos will continue as normal during the restricted […]
  • 29 May, 2020
    Covid-19, Prospects of Demand Recovery in Russia
    Russia’s consumer rights watchdog Rospotrebnadzor reported the first two cases of COVID-19 on January 31, 2020. Both are Chinese citizens[1]. As of May 20 Russia, confirmed 8764 new cases, signaling a slowdown in spreading of coronavirus. As one of the most affected food industries look forward to re-opening. But the big question is whether to […]
  • 28 May, 2020
    Forecast on Import Trend of Oils and Fats in Bangladesh During May – June, 2020
    Due to COVID – 19, consumtion vis-à-vis import of edible oils have declined significantly, like many other commodities. Until April 2020, total 566,771 tonnes of palm oil was imported in the country registering a marginal decline by 1.55% compared to the corresponding period of 2019, whereas import quantity of CDSBO, the main competitor of palm […]
  • 27 May, 2020
    Emerging Markets: Potential Markets to Explore in the Middle East
    Covid-19 has taken thousands of unfortunate lives and currently infecting millions of people globally, but other than lives, it affects everything from the economy to lifestyle. The situation is made worse for the Middle East region as global crude oil prices fell to its 20-years low from weak demands as most countries are major crude […]
  • 27 May, 2020
    Emerging Markets: Opportunities for Palm Oil in Algeria
    Introduction: Algeria is a predominantly liquid market and is a net importer of oils and fats, it produces only 9.2% of its requirements of around 915.4 thousand MT per annum. Requirements are largely met by imports of oils and fats mainly of soybean oil, followed by palm oil and sunflower oil. Until 1998, the Algerian […]
  • 27 May, 2020
    The Story of Palm Oil – For learning and teaching kids
  • 22 May, 2020
    The Common Ingredient in Delicious Food
    The Common Ingredient in Delicious Food It was in 1917 when the first oil palm tree was planted in British Malaya. 72 years later, in 1989, palm oil surpassed rubber as Malaysia’s number one commodity. It was sometime in 2005 when palm oil surpassed soybean oil in becoming the world’s main vegetable oil. Three years […]