Vegetable oil production set to hit four-year high

Palm oil futures edged up on Wednesday, extending gains from the previous session, as a bigger-than-expected fall in January inventories of the tropical oil in top producer Malaysia lent support. The benchmark palm oil contract for

Palm oil futures rose on Thursday for a fourth consecutive session, supported by gains in rival edible oils and firmer crude oil prices. The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange

Annual production of raw cashew nuts in Côte d’Ivoire has more than doubled in a decade, from 400,000 tonnes in 2011 to 1,028,172 tonnes in 2022. Today, cashew is the second most important agricultural export, in

Malaysian palm oil futures edged higher for a second session on Wednesday, underpinned by expectations of lower production in the world’s second largest producer and tracking gains in rival edible oils. The benchmark palm oil contract

In a triumphant stride forward, British agribusiness powerhouse Dekel Agri-Vision has reported a remarkable 27% surge in turnover from palm oil sales during the fiscal year 2023. The company’s financial prowess reached new heights, with turnover

The world of vegetable oil is a complex one, with prices fluctuating in response to a variety of factors. One of the key players in this industry, palm oil, is set to experience a significant surge

Malaysian palm oil futures closed up on Thursday for a sixth straight session, with gains in rival oils supporting the market. The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange increased 39

Malaysian palm oil futures rose on Monday for a third straight session, supported by gains in rival Dalian and Chicago soyoil. The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange climbed 10

Analysts have foreseen better crude palm oil (CPO) prices in 2024, as El Nino weather is expected to affect palm oil supply. RHB Investment Bank, the largest investment bank by asset size in Malaysia, said in

Malaysian palm oil futures jumped on Monday due to falling inventories and expectations of lower output because of dry weather conditions. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange was

Dekel Agri-Vision PLC on Monday announced that palm oil production soared to record heights in November at its Ayenouan project in Ivory Coast. The West Africa-focused agricultural company said the Ayenouan operation “performed well above expectations”,

Malaysian palm oil futures ended slightly higher on Monday, extending gains from the previous session, as the market tracked strength in Chicago soyoil prices. The benchmark palm oil contract FCPOc3 for February delivery on the Bursa

Palm oil, often dubbed “liquid gold” for its versatility and economic importance, is an edible vegetable oil derived from the fruit of oil palm trees, primarily the African oil palm (Elaeis guineensis) and the American oil

Palm oil stockpiles in Malaysia likely expanded for a seventh straight month to the highest level since April 2019 as production in the world’s second-biggest grower outstripped its exports of the tropical oil. Inventories rose about