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 […]
In Malaysia, Reuters reported that a fungal disease once confined to older palm trees in coastal areas is spreading across Malaysian palm plantations and appearing much earlier in growth cycles, threatening yields in newly replanted areas. Ganoderma, the fungus, is emerging in second-generation plantings, whereas previously it was only evident after three planting cycles, said […]
In Indonesia, Euroactiv reported that Indonesian Deputy Foreign Minister Arif Havas Oegroseno recently announced a new push to develop palm oil standards through Global South cooperation organizations – specifically the BRICS (Brazil, Russia, India, China, South Africa and others), CPAPC (the Council of Palm Oil Producing Countries) and the UN’s Food and Agriculture Organization (FAO). […]
In Nigeria, Daily Trust reported that the Plantation Owners Forum of Nigeria (POFON) said the country needed to increase palm oil plantations. “Nigeria is the highest producer of palm oil in Africa and fifth in the world. It needs to increase its hectares to about 500,000 hectares to meet the local needs and also become […]
In Azerbaijan, News.az reported that Malaysia’s commodities ministry is pushing to exempt crude palm kernel oil and palm kernel olein oil from the country’s sales and services tax (SST). The SST was expanded in July to cover the palm oil and oleochemical sectors, currently imposing a 5% levy on these raw materials, according to the […]
In Indonesia, The Diplomat reported that The United States has agreed to exempt key Indonesian agro-industrial exports from the 19% tariff imposed by President Donald Trump earlier this month, according to a senior Indonesian minister. Coordinating Minister for Economic Affairs Airlangga Hartarto, who is leading Indonesia’s trade negotiations with the Trump administration, said that exemptions […]
In Malaysia, analysis of independent satellite data shows a decrease in the efficiency of palm oil plantations in Malaysia after they received sustainability labels. This could have negative repercussions for the environment. Sustainability certificates are inherently beneficial. The label on the packaging ensures that specific environmental and social standards are upheld during production. Many consumers […]
In Malaysia, Reuters reported that Malaysia has no plans to raise palm oil’s biodiesel blend to 20% from the current 10%, as the required infrastructure development would need funding that both the industry and the government are unwilling to provide. There are challenges to implement the biodiesel blend to 20% as it will require an […]
