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MARKET DEVELOPMENT
01-12-2023

MARC 'slightly positive' on palm oil going into 2024, sees CPO at RM3,700-RM4,100/tonne

30/11/2023 (The Edge Markets), Kuala Lumpur - MARC Ratings Bhd sees a "slightly positive" price trend for palm oil going into 2024, with crude palm oil futures projected at between RM3,700 and RM4,100 per tonne from now till 2024.

MARKET DEVELOPMENT
01-12-2023

Industry expert: Growing demand for palm oil should silence campaigners against the commodity

30/11/2023 (New Straits Times), Kuala Lumpur - The growing demand for palm oil should silence anti-palm oil campaigners, who have made allegations about palm oil having higher saturated levels of fatty acids and that it should not be used in the food system, said the former director-general of the Malaysian Palm Oil Board (MPOB) Tan Sri Yusof Basiron.

MARKET DEVELOPMENT
01-12-2023

VEGOILS-Palm oil firms on better-than-expected exports

30/11/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures ticked up on Thursday, underpinned by better-than-expected November export volumes, although a lack of fresh orders from importers kept a lid on prices.

MARKET DEVELOPMENT
01-12-2023

Growing demand for palm oil should silence campaigners against the commodity - Industry expert

30/11/2023 (The Edge Malaysia), Kuala Lumpur - The growing demand for palm oil should silence the voices of anti-palm oil campaigners, who made allegations about palm oil having higher saturated levels of fatty acids and that it should not be used in the food system, said the former director-general of the Malaysian Palm Oil Board (MPOB) Tan Sri Yusof Basiron.

MARKET DEVELOPMENT
01-12-2023

Stop Blaming Palm Oil for America’s Nutrition Crisis

30/11/2023 (Real Clear Policy) - As a physician, social epidemiologist and hospital executive, it’s important to me that consumers have accurate and up-to-date nutrition information, so that they can make informed choices about the food they eat and the products they use. In particular, it’s vital that they’re aware of the kinds of lifestyle choices they can make to maximize their chances to live long, healthy lives.

MARKET DEVELOPMENT
30-11-2023

Malaysia, the Netherlands enhance sustainability in oil palm industry

30/11/2023 (New Straits Times) - Early this month, the Prime Minister of the Netherlands Mark Rutte paid a courtesy call on the Minister of Plantation and Commodities Datuk Seri Fadillah Yusof at the Malaysian Palm Oil Board (MPOB) during his working visit here.

MARKET DEVELOPMENT
30-11-2023

Investment in downstream palm oil industry not satisfactory

29/11/2023 (The Borneo Post Online), Kota Kinabalu - The amount of investment put into Sabah’s downstream palm oil industry last year is less than satisfactory, said Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe.

MARKET DEVELOPMENT
30-11-2023

Oil palm industry, SLAAS and NSF are advocating for a re-evaluation of policy by Govt of SL on the industry

29/11/2023 (Lanka Business Online) - The Sri Lanka Association for the Advancement of Science (SLAAS) and the National Science Foundation (NSF) hosted a workshop to review the policy on Oil Palm Cultivation in Sri Lanka.

MARKET DEVELOPMENT
30-11-2023

IOI Corp expects positive growth in FY24

29/11/2023 (The Star Online), Petaling Jaya - IOI Corp Bhd expects its operating and financial performance for the remaining quarters of its current financial year ending June 30, 2024 (FY24) to be satisfactory.

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