Palm oil

WTO panel rules in EU's favour in Malaysia palm oil dispute

The WTO ruling has been three years in the making after Malaysia, the world's second-largest producer of palm oil after Indonesia, initiated the case in 2021

Loose soybean oil sales banned from Aug 1

Consumers’ right body DG says at ERF event

Indonesia, Malaysia aim to fight 'discrimination' against palm oil

Indonesian President Joko Widodo on Thursday called for better collaboration with neighbouring Malaysia to fight what he called "discrimination" against their countries' palm oil products, as a new European Union law threatens to dent exports of the commodity.

5% VAT on edible oil extended to Dec 31

The government today extended the reduced 5 per cent value-added tax on edible oil for another three months to continue the relief for consumers from the indirect tax burden.

Indonesia trimming palm oil stocks with discounts, India sales

Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month's Diwali festival, industry officials said.

Edible oil: Prices drop in global markets, not at home

Even though prices of loose palm and soybean oil have dropped in wholesale markets, consumers are not being able to reap the benefits as retailers are still selling those at the government-fixed prices.

Increased mustard oil production: A solution to edible oil crisis

There is a huge hue and cry about the recent unprecedented price hike of soybean oil.

Over 92,000 litres of edible oil seized in Rajshahi

Police in a raid seized 92,616 litres of edible oil illegally stored at four warehouses and a truck at Baneshwar Bazar of Rajshahi's Puthia upazila today (May 10, 2022).

Refiners to find out if any dealer is involved in oil crisis

The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association today said it will take action against the dealers if their involvement is found in creating an edible oil crisis.

February 21, 2020
February 21, 2020

India to import palm oil from Bangladesh

India has issued about 70 licences for importing about five lakh tonnes of refined palm oil from three countries -- Bangladesh, Nepal and Indonesia, sources say.

September 9, 2019
September 9, 2019

Malaysia turning to food crops as palm oil price falls

Malaysia is looking to diversify into food crops, in the face of fluctuating commodity prices and Western countries' hostility towards palm oil.

July 23, 2015
July 23, 2015

Liberians 'pressured to sell land' for palm oil plantations

Communities in Liberia are being pressured to sign away their land to make way for palm oil plantations, according to a campaign group.

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