Indonesia, the world's largest user of palm oil-based biodiesel, said it may revive plans to roll out a B50 grade of palm oil biodiesel mid-year to counter surging crude oil prices
Godrej Consumer Products flags double-digit volume growth in Q3 FY26 as home care and soaps rebound, with margins set to recover on lower palm oil prices
Meanwhile, soyoil imports fell 12 per cent to 400,000 tons, and sunflower oil imports slid 44 per cent to a two-year low of 145,000 tons, according to dealer estimates
As Indonesia raises its biodiesel blend to 50%, the global palm oil market braces for tighter supply, though India remains a priority destination for exports
India's palm oil imports in September dropped 16.3 per cent to 829,017 metric tonnes, marking their lowest point since May, the industry trade body SEA of India said
The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 66 ringgit, or 1.66%, to 4,034 ringgit a metric ton by the midday break
Port and pipeline stocks drop to 1.35 million tonnes; SEA says domestic mustard crushing is active, but CPI shows edible oil inflation hit 17.4% in April
Nestle has appointed Manish Tiwary as managing director for a five-year term starting April 1, 2025. This may lead to a shift in the strategy which is monitorable
Sitapati does not expect the price hikes to have an impact on sales as palm oil-based products, including soap, tend "not to be discretionary" goods that consumers can forgo
The Indian cancellations could limit the rally in Malaysian palm oil prices, although they could also support soyoil prices as some refiners shift to soyoil
While palm oil production elsewhere in the world is conducted on large-scale plantations, it is small-scale farmers in India who are the key to boosting production