More palm oil production expected in Latin America

In response to global concern about the loss of tropical rainforests, Malaysia has promised to limit its palm plantations to a total of 6 million hectares. Malaysia will also work to certify all domestic production as sustainable by the end of 2019. Now that [...]

EU to restrict palm-oil-derived biodiesel

A new EU law would limit the use of biodiesel derived from certain feedstocks to current volumes through 2023 but then zero out their use by 2030. Palm oil is one of the affected feedstocks because of its link to deforestation. Reuters reports that [...]

Muted quarterly growth for cocoa bean grind in Europe, Asia, & North America

ECA reported cocoa grind for Q4 2018 at 359,103 MT, up 1.6 percent from grind in Q4 2017, marking the eighth straight quarter of YOY growth. From 2015 through 2018, in fact, only three quarters showed YOY declines: Q1 2015, Q1 2016, and Q4 [...]

Palm oil prices up despite plentiful supply

A global glut of palm oil should be hindering price appreciation, but that hasn’t been the case recently. Prices are up considerably, but if bearish fundamentals prevail, the rise may be short-lived. Malaysian palm oil stocks were at a record 3.007 MMT at the [...]