Archived News

05/09/2023 (Malay Mail), Kuching - Sarawak Premier Tan Sri Abang Johari Openg today urged the oil palm plantation sector to look at mechanisation, particularly at harvesting, to overcome the labour shortage.

06/09/2023 (GRO Intelligence) - India’s monsoon has delivered erratic rainfall across many of the country’s major crop-producing regions. Soybeans, India’s biggest oilseed crop, could especially suffer from the adverse conditions and possibly force the world’s No. 1 vegetable oil importer to seek out additional edible oil supplies.

05/09/2023 (Business Standard) - Prices of edible oils may not rise during the upcoming festive season as international supply is good, said executives of leading fast-moving consumer goods (FMCG) companies.

05/09/2023 (The Edge Malaysia), Kuala Lumpur - The government’s subsidy for the vast amount of repackaged cooking oil in the market have affected sales, said FFM Bhd chief executive officer Jeremy Goon.

Malaysian palm oil futures ended lower on Monday, dragged down by weaker rival oils on the Dalian and Zhengzhou Commodity Exchanges.

MUMBAI, Sept 4 (Reuters) - India's edible oil imports in August rose 5% to a record 1.85 million metric tons as refiners purchased more than 1 million tons of palm oil for the second consecutive month to build stocks for upcoming festivals, four dealers told Reuters.

{JAKARTA] PALM oil should be included as feedstock for the production of sustainable aviation fuel (SAF), said Acting Transport Minister Chee Hong Tat.

KOTA KINABALU (Sept 4): The state government needs to be more proactive, especially to introduce policies which are more attractive and competitive to attract Foreign Direct Investment (FDI), if it aspires to develop its palm oil downstream industry.

NAPERVILLE, Illinois, Sept 4 (Reuters) - The second half of August was exceptionally dry in the U.S. Corn Belt, likely trimming yields for corn and especially soybeans due to their reliance on late-season moisture. Speculators responded by boosting their bullish Chicago soybean bets, which they have held for more than three years, and easing bearishness in corn futures.

JAKARTA: Malaysian palm oil futures ended lower on Monday, dragged down by weaker rival oils on the Dalian and Zhengzhou Commodity Exchanges.

04/09/2023 (Asia Nikkei), Jakarta / Kuala Lumpur - Weak prices for palm oil, a worsening outlook and a backlash against the commodity over deforestation concerns are pushing Indonesia and Malaysia -- the world's biggest producers -- to boost domestic use through developing jet fuels and expanding biodiesel programs.

04/09/2023 (The Borneo Post), Miri - Yiek Siew Teck, a third-year chemical engineering student of Curtin University Malaysia (Curtin Malaysia) was recently announced as winner of the POPSIG-KLK Palm Oil Video competition. Held by the IChemE Palm Oil Processing Special Interest Group (Popsig), the competition served as a platform for engineering talents to showcase their innovative ideas and perspectives on the palm oil industry.