Archived News

20/06/2023 (New Straits Times), Kota Kinabalu - Sabah government will introduce its own policy to regulate oil palm biomass, said Sabah Industrial Development and Entrepreneurship Minister Phoong Jin Zhe.

20/06/2023 (The Sunday Daily), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped five consecutive days of gains to end lower today amid lacklustre trading.

20/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures inched up on Tuesday for a sixth straight session as the ringgit weakened and traders fretted about lower output estimates.

20/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose for a sixth straight session on Tuesday, hovering near a six-week high touched in the previous session, as the ringgit weakened and traders fretted about lower output estimates.

20/06/2023 (The Jakarta Post) - Seeking to avoid the fiasco of finalizing negotiations during next year’s elections in Indonesia, the European Union wants to conclude trade negotiations by the end of this year, while its more controversial deforestation policy, which could hammer Indonesia’s palm oil industry, continues to cast a heavy pall in Jakarta.

20/06/2023 (Fast Markets) - India’s edible vegetable oil imports in May rose 3% from April to 1.053 million tonnes, with palm oil continuing to cede its import share to rivals sunflower and soybean oil, data from the Solvent Extractors Association of India (SEA) showed on Thursday.

19/06/2023 (Free Malaysia Today), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) has “strongly” urged retailers to remove all products and advertising materials displayed and sold that bear discriminatory logos against palm oil from their premises.

19/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures eased on Monday after surging 6% in the previous session, although concerns over dry weather taking a toll on global production of palm and soybeans kept the contract near six-week highs.

19/06/2023 (The Borneo Post), Kuching - Concerted efforts in improving employee welfare are needed from all palm oil industry players to ensure the sustainability of the industry, said Deputy Prime Minister Dato Sri Fadillah Yusof.

19/06/2023 (New Straits Times), Kuala Lumpur - The local crude palm oil (CPO) futures market is expected to trend lower this week on profit-taking activities.

19/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures ticked up on Monday as concerns over dry weather taking a toll on global production of palm and soybeans kept the contract near six-week highs.

17/06/2023 (Malay Mail) - The government is committed to ensuring that smallholders are not left out of the palm oil supply chain following the introduction of new palm oil regulations by foreign countries.