Archived News

18/01/2024 (Malay Mail), Jakarta - Malaysian crude palm oil (CPO) prices are expected to rise in 2024, as stagnant production despite rising demand for biodiesel is seen offsetting the impact of higher output of rival oils, a Reuters poll showed.

18/01/2024 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed at a nearly two-month high at above RM3,800 on Thursday.

19/01/2024 (Business Recorder) - EDITORIAL: It doesn’t take more than a simple understanding of basic mathematics to see the good sense in the argument of leading edible oil importer and CEO of the Pakistan Edible Oil Conference (PEOC) Rasheed Janmohammed that efforts should be made to enhance cultivation of edible oil plants inside the country.

18/01/2024 (The Edge Malaysia) - The topic of palm oil — and whether it can be sustainably produced — is a controversial one, with a range of views from different parties. This tension has boiled over in recent years as palm oil boycotts took off and the European Union Deforestation Regulation (EUDR) was introduced.

17/01/2024 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures fell on Wednesday as weakness in rival vegetable oils in the Dalian and Chicago futures markets weighed on sentiment.

17/01/2024 (PHYS Org) - "Tropical forests are a critical resource," says Xavier Warnes, Ph.D. '21, a postdoctoral researcher at Stanford Graduate School of Business. "They store huge amounts of carbon, they affect weather patterns and water systems, and they contain around 80% of the world's biodiversity."

18/01/2024 (Newstap), Hyderabad - In a significant development at the World Economic Forum in Davos, Telangana Chief Minister A Revanth Reddy held a crucial meeting with Nadir Godrej, chairman and MD of Godrej Industries Ltd.

17/01/2024 (Daily Express), Petaling Jaya - The domestic trade and cost of living ministry has urged consumers to be wary of scammers selling cooking oil packaged in 1kg polybags online.

17/01/2024 (China Dialogue) - For the past 12 years, Malaysian wildlife veterinarian Zainal Zainuddin has been quietly developing the world’s largest collection of living fig trees. Spread over three one-hectare sites in Sabah, northern Malaysian Borneo, it includes more than a thousand plants of 87 Ficus species. There are strangler figs, climbers – with figs bigger than tennis balls – and trees that produce figs on their trunks, or even on underground runners.

On Monday, Malaysian Palm Oil futures faced a downturn, bringing an end to a seven-session winning streak, as concerns about demand in crucial markets exerted downward pressure. Nonetheless, a reduction in producing Palm Oil played a mitigating role in limiting the extent of the losses.

KUALA LUMPUR, Jan 16 (Reuters) - Malaysian palm oil futures rose on Tuesday, driven by top importer India's move to allow edible oil imports at a concessional duty for one more year.

China’s once-soaring soybean demand will slow by about a fifth in the first quarter from a year earlier after record slaughter shrank pig herds, pressuring prices ahead of an expected glut of South American beans, analysts and traders said.