Category Archives: News

Proven Strategies for Profitable Palm Oil Production

Strategies for Profitable Palm Oil Production

Looking to grow your way to success in the palm oil industry? Look no further. In this article, we will uncover proven strategies for profitable palm oil production that will set you apart from the competition and ensure your business flourishes. With the global demand for palm oil continuing to rise, it’s essential to have

China’s 2023 palm olein imports up 27% to 4.3 million mt, Indonesia gains import share

China imported 4.305 million mt of palm olein in 2023, 27% higher than the volume brought in in 2022, according to data from the country’s General Administration of Customs (GACC) released over the weekend. This comes after December’s palm olein imports reached 290,027 mt, 33.1% less compared with November as buying slowed down amid relatively

Malaysia’s 2023 CPO production up 0.5% y-o-y at 18.55 mil mt: MPOB

Malaysia’s total crude palm oil (CPO) production in 2023 reached 18.55 million mt, 0.53% higher than a year ago, following Wednesday’s supply and demand data release for December from the Malaysian Palm Oil Board (MPOB). CPO production in December fell 13.3% from November to 1.55 million mt, MPOB estimates showed, with production entering a seasonal

CPO FUTURES TRADES LITTLE CHANGED ON MIXED DATA & LACKLUSTRE TRADE. FOCUS IS ON MPOB NOV DATA DUE TOMORROW

Palm futures trade was lackluster today lacking clear momentum ahead of MPOB Nov data due tomorrow and following poor 1-10 Dec export data. Malaysia’s 1-10 Dec export performed poorly declining by 7.38% to the same period in Nov. Although the lower 1-10 Dec SPPOMA production of minus 18% offered some buying interest helping to trim