Category Archives: News

Short-lived La Niña weather expected to hit Borneo and east coast peninsular Malaysia in October and November

The latest weather model suggests La Niña weather phenomenon is underway in the Pacific Ocean and is expected to occur in October and strengthen in November impacting key oil palm planted areas in Borneo and potentially the east coast of Malaysia, but is forecast to return to neutral weather condition by early 2023, suggesting a

India palm oil import doubled in August buoyed by lower prices and active stocking ahead of Diwali festival

Lower cash offers, widening palm discount to bean oil, stocking up ahead of seasonal demand surge, and abundant export supplies availability saw India palm imports nearly doubling in August to 11 month high. Palm import rose to a… For more analysis please subscribe or get a free trial