Maduro takes office for third term amid controversy
Venezuelan President Nicolás Maduro, whose nearly 12-year tenure has been marked by a severe economic and social crisis, will be sworn in for a third term on Friday (10). The ceremony comes amid an intense six-month dispute over the results of July’s presidential election and calls for […]
Malaysian palm oil stocks fall
Malaysia’s palm oil stockpiles fell for a third straight month in December, hitting their lowest level since May 2023, as floods impacted production, data from the industry regulator showed on Friday. In addition, the decline in stocks in the world’s second-largest palm oil producer […]
NOAA confirms La Niña, but impact will be minimal
The La Niña phenomenon is the negative phase of a larger phenomenon known as the El Niño Southern Oscillation (ENSO). La Niña is characterized by the cooling of the waters of the Equatorial Pacific Ocean, in addition to causing influences on wind circulation patterns, altering the climate in some regions of the planet, including Brazil. The bulletin […]
Indonesia restricts exports of palm oil residues
Indonesia, the world’s largest palm oil exporter, announced on Thursday (8) a new regulation that limits exports of used cooking oil and palm oil residues. The measure aims to prevent a reduction in the supply of crude palm oil (CPO) for the domestic industry. According to a ministerial decree […]
EU warns of Trump's “hard blow”
Global efforts to tackle climate change will suffer a major blow if US President-elect Donald Trump withdraws the country from the Paris Agreement again, the European Union’s climate policy chief has warned. Trump’s transition team has been preparing executive orders to pull the US out of the key treaty […]
Indonesia restricts exports of palm oil and UCO
Indonesia, the world’s largest producer and exporter of palm oil, has announced new restrictions on exports of used cooking oil (UCO) and palm oil residues. The move is aimed at ensuring supplies for the local cooking oil and biodiesel industries, in line with new regulations published on Wednesday. In addition, […]
Renewable products in lubricants and greases
The latest issue of Lubes em Foco magazine features a contribution from Felipe Cavalcante, manager of Aboissa’s Oleochemical Products unit, who explores how renewable products are transforming the lubricants and greases market. In the article, he highlights the role of inputs such as fatty acids, esters and castor oil in replacing derivatives […]
Drop in cocoa purchases in Ghana worries sector
Cocoa purchases in Ghana suffered a significant drop in December due to delays in payments from the state marketing board and reduced financing for exporters. These problems, compounded by the election period, are raising concerns among farmers and buyers about increased smuggling in the sector. Payment delays affect cocoa purchases […]
Postponement of the EUDR and its impacts
The January issue of Oils & Fats International (OFI) magazine highlighted important discussions about the global oils and fats sector, with a focus on the new European Union Deforestation Regulation (EUDR). Among the main topics covered was the impact of the postponement of the implementation of the EUDR for large companies until December 2025. The […]
