Archived News

KUALA LUMPUR (Nov 13): Malaysian palm oil futures fell over 1% on Tuesday evening to trade around three-year lows, tracking weakness in crude oil and on existing concerns over high palm stocks.

KUCHING: Sarawak’s total trade has expanded to RM102.6 billion in the first nine months of 2018 (9M18).

KUALA LUMPUR: Bursa Malaysia opened with a negative bias today, as weaker crude oil and crude palm oil (CPO) prices continued to weigh on market sentiment.

KUCHING: Analysts continue to worry over high palm oil inventory which continued to swell by eight per cent month-on-month to 2.72 million tonnes in October.

China's stock markets are looking good this morning. And it's hopes that Xi Jinping and Donald Trump can set the table for some sort of bilateral trade agreement at the G20 meeting taking place in Buenos Aires on Nov. 30.

The Trump administration, which has already caught the backlash of farmers suffering through the U.S.-China trade war, just made another move that could be seen as the latest hit against soybeans.

KUALA LUMPUR (Nikkei Markets) -- Malaysia's October oil palm inventory swelled for the fifth straight month as production rose while exports fell, and the 10-month high stockpile reading dragged shares of palm plantation companies lower.

KUALA LUMPUR (Nov 10): Exports of Malaysian palm oil products for Nov 1-10 rose 4.5% to 310,592 tonnes, from 297,265 tonnes shipped during Oct 1 - 10, cargo surveyor Intertek Testing Services said on Saturday.

PETALING JAYA: As crude palm oil (CPO) prices continue to slide, pressured by rising stockpiles and production as well as slowing exports, analysts warn that plantation players will be hit going into the fourth quarter.

SINGAPORE (Nov 12): Palm oil futures are sliding to a three-year low, adding to the pain for the ringgit that's been suffering since the government revealed a wider fiscal deficit. Palm oil is being hit by concerns demand isn't expanding fast enough to absorb mounting stockpiles in the world’s two biggest growers.

MAKENI, Nov 13 — A court ruling in Sierra Leone that ordered an international palm oil company to return a big block of land to its owners should empower more communities to retake control of their land and resources, lawyers and campaigners said.

KAJANG: With the newly-launched Biosecurity Plan for oil palm in place, various agencies, the industry and stakeholders will be more committed and vigilant in responding to any potential intrusion of exotic pests and diseases into Malaysia.