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The end of cheap palm oil? Output stalls as biodiesel demand surges

March 10, 2025

Prices of cooking oil could be buoyed up for years by stagnating production and a biodiesel push in top producer Indonesia, that are making traditionally cheap palm oil costlier, eliminating an advantage that also curbed prices of rival oils.

Rice prices plummet , palm oil prices soar: Pheu Thai MPs grill the new Minister

February 21, 2025

No more holding back. Pheu Thai MPs seized the moment while Prime Minister Paetongtarn Shinawatra was occupied with a mobile Cabinet meeting in Songkhla, launching a fierce attack on one of the party’s ministers ahead of the opposition’s no-confidence debate.

OAE has analyses outlook for Thai agricultural products

SATURDAY, DECEMBER 28, 2024

While several products show positive trends, others remain a concern

Thailand cuts palm oil content in biodiesel to curb rising costs

FRIDAY, NOVEMBER 08, 2024

The Energy Ministry will cut palm oil content from 7% to 5% in biodiesel in response to rising palm oil prices; minister assures car engines will not be affected

Palm oil prices will drop from January, say Surat Thani farmers

THURSDAY, NOVEMBER 07, 2024

Cooking oil prices have risen temporarily due to reduced supply, but the Commerce Ministry says it is working to keep prices stable and is encouraging consumers to opt for alternatives

Monitoring in South intensified to prevent smuggling of palm oil

TUESDAY, NOVEMBER 05, 2024

Price of oil-palm fruits and crude palm oil within the country has been rising continuously

Thailand bans export of raw palm oil as production takes a hit

WEDNESDAY, OCTOBER 30, 2024

Thailand's Department of Internal Trade has temporarily banned the export of raw palm oil due to reduced production caused by drought and plant diseases.

PTT, Bangchak ordered to buy pure biodiesel at prices set by EPPO

WEDNESDAY, JUNE 12, 2024

Srettha issued the order after learning that both fuel companies buy B100 at lower prices, sparking a chain reaction that brings down the price of palm oil

Bangchak Ready to Buy B100 at Standard Price, Stabilizing Palm Oil Market

TUESDAY, JUNE 04, 2024

Chaiwat Kovavisarach, Group CEO and President of Bangchak Corporation Public Company Limited, announced that in response to the Department of Internal Trade's proposed solutions to tackle declining palm oil prices, the company is ready to procure B100 at the standardized price set by the Energy Policy and Planning Office (EPPO) through BBGI Corporation, a major biofuel industry player and Bangchak Group affiliate.

Oil extractors told to pay minimum THB4.50 per kg for palm fruit

WEDNESDAY, MAY 29, 2024

The Internal Trade Department has instructed palm oil extraction plants to buy palm fruit from farmers at the rate of at least 4.50 baht per kilogram to prevent prices from falling.

Malaysian authorities raid convenience store selling ‘No Palm Oil’ ice cream

FRIDAY, MAY 03, 2024

Malaysian authorities on May 2 raided a convenience store in Putrajaya for selling ice cream with “No Palm Oil” labelled on the plastic packaging.

Diversification gives added momentum to Thai Eastern Group’s growth | Business Story EP.32

MONDAY, MARCH 13, 2023

Thai Eastern Group Holdings Public Company Limited is the largest company in the Eastern region that makes and sells natural rubber and petroleum palm oil. It is also one of the largest producers of integrated bio-energy and renewable energy in the Eastern Economic Corridor.

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