In Indonesia, Reuters reports Malaysian palm oil futures rose more than 2% as traders reacted positively to Indonesia’s planned rollout of a 50% biodiesel blending mandate (B50) and ethanol-blended gasoline beginning July 1. The policy is expected to increase demand for palm oil, improving near-term market sentiment. Additional support came from stronger vegetable oil markets […]
In Malaysia, the Star newspaper reports the Malaysian Palm Oil Board estimates that an additional 334,000 metric tons of palm oil will be required for the country to move to a B15 mandate from the current B10 as it seeks to reduce fuel costs as fossil fuel prices soar. To reach the intermediate blend increase […]
In Finland, in response to recent media coverage on suspected cases of fraud related to renewable raw materials business and its alleged connections to the biofuels industry, Neste says it is currently not aware of any verified cases of fraud (i.e. mislabeling or fraudulent mixing of raw materials) that would be directly connected to Neste’s […]
In Indonesia, a number of palm oil stakeholders emphasized the importance of ensuring the productivity of oil palm plantations in the upstream sector and sufficient availability of palm oil supply as raw material in downstream sector before implementing the national mandatory program of biodiesel 50 percent (B50). The issue of palm oil availability was highlighted […]
In South Korea, POSCO INTERNATIONAL has completed a full value chain in its palm oil business—from palm seed development to producing palm oil for biofuel feedstock—by acquiring Sampoerna Agro, one of Indonesia’s leading palm companies, and inaugurating a new palm oil refinery in the country on the same day. On November 19, POSCO INTERNATIONAL acquired […]
In Indonesia, Reuters reports the country’s biodiesel consumption reached 10.57 billion liters between January and September 2025, nearly 10% more than the year prior thanks to the country’s increase to 40% blending from 35% previously as it seeks to increase its energy independence and reduce fossil fuel imports. A total of 15.6 billion liters have […]
In India, Deccan Chronicle reported that APOA, the CPOPC and Solidaridad announced a tripartite Memorandum of Understanding (MOU) to deepen producer and consumer collaboration and accelerate sustainability across the palm oil value chain. Signed in Mumbai, the MoU creates a formal platform to harmonize approaches, address market volatility and strengthen inclusion of smallholders, with a […]
In Indonesia, DW reported that the European Union and Indonesia opened a new chapter in trade, with the Indonesia-EU Comprehensive Economic Partnership Agreement (IEU-CEPA) being signed in Bali. The report noted that palm oil exports have proven to be the most contentious issue during the talks. EU officials point out that producing palm oil is […]
In Ukraine, UkrAgroConsult reported that Malaysia’s Plantations and Commodities Minister Datuk Seri Johari Abdul Ghani said that the country is on the right track to be classified as a low-risk country in palm oil production, particularly with its mandatory Malaysian Sustainable Palm Oil (MSPO) certification. He said the government is currently collating the latest facts […]
In Ukraine, UkrAgroConsult reported that In July, Indonesia exported 2.99 million tons of palm oil, up 69% from last year (1.77 million tons), but slightly below June (3.04 million tons), according to analysts at Oil World. The country’s main exports were to India – 655 thousand tons, of which 621 thousand tons were crude palm […]
