Palm Oil

RSPO To Launch New Palm Oil Tracing System In 2024

The Roundtable on Sustainable Palm Oil (RSPO) said it is developing a new system to trace the origin and environmental credentials of the commodity in resp...

World Vegetable Oil Deficit Likely In 2024, Demand Remaining High, Analyst Says

A global vegetable oil supply deficit next year is still very likely due to the impact of the El Nino weather pattern, while demand growth is still very hi...

Cheap Sunflower Oil From Russia, Ukraine Rattles Palm Oil Market

A flood of cheap sunflower oil from Russia and Ukraine is putting downward pressure on palm oil prices as the two top producers take advantage of currency...

Tackling The Commodity Challenges With EUDR On the Way

In June, the European Union passed new legislation ensuring that all cattle, cocoa, coffee, palm oil, rubber, soya and wood sourced and used by the bloc is...

Coffee Firms Won't Be Ready To Comply With EU Deforestation Law: Report

Most global coffee firms will not be ready to comply with the European Union's new law preventing imports of commodities linked to deforestation, and small...

Cargill Enhances Supply Chain Monitoring With Satelligence

Commodities trader Cargill has deployed solutions across its soy, palm oil and cocoa supply chains to prevent deforestation and enhance its monitoring capa...

Palm Oil Demand Boosted As Rival Oil Prices Jump On Supply Woes

Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent price rise in rival oils due to production con...

Sustainable Palm Oil Players Discuss Implementation Of EU Deforestation Regulation

One month on from the adoption of the EU Deforestation Regulation (EUDR), industry leaders, smallholder representatives, civil society experts and governme...