Archived News

29/08/2023 (Associated Press of Pakistan), Islamabad - Imports of edible oil including palm and soybean into the country during the first months of the current financial year decreased by 5.40 percent and 6.82 percent respectively as compared to the imports of the corresponding month of the last year.

29/08/2023 (Business Recorder), Singapore - Malaysian palm oil futures recovered on Tuesday, helped by a weaker ringgit, although imminent oversupply concerns and weakness in rival edible oils capped gains.

29/08/2023 (Xinhua), Phnom Penh - Cambodia's Prime Minister Hun Manet said on Tuesday that the government has reserved 100 million U.S. dollars for boosting the country's agricultural sector.

28/08/2023 (The Hindu Business Line) - The Solvent Extractors’ Association of India (SEA) will sign a memorandum of understanding (MoU) with the Thai Palm Oil Crushing Mills Association next month to foster cooperation and mutually beneficial trade opportunities between Indian importers and refiners and Thai producers and exporters of crude palm oil.

28/08/2023 (Malay Mail), Kuala Lumpur - Deputy Prime Minister cum Plantation and Commodities Minister Datuk Seri Fadillah Yusof received a courtesy call from Mayor of Quanzhou Municipal People’s Government, Cai Zhansheng, at his ministry in Putrajaya today.

29/08/2023 (Antara News) - Deputy Speaker of the House of Representatives (DPR), Lodewijk F. Paulus, has expressed the hope that Croatia will become an entry point for Indonesia's crude palm oil (CPO) exports into the European Union (EU).

28/08/2023 (Nasdaq), Singapore - Malaysian palm oil futures dipped on Monday following reports of lacklustre exports this month, although gains in competing edible oils limited the downward trend.

28/04/2023 (The Star Online) - THE sustainable palm oil production in Malaysia is the consequence of many people’s long years of suffering and sacrifice. This obvious land-based, capital-intensive, risky and long-haul business had survived world wars, the Great Recession, the Great Depression, as well as numerous natural disasters.

26/08/2023 (The Star Online), Manila - While consumer price inflation (CPI) has tapered off compared with the spikes seen in 2022, shoppers are faced with more expensive food than before the Covid pandemic.

26/08/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to maintain their upward trajectory next week due to the robust and persistent demand for palm oil, particularly from China.

26/08/2023 (Daily Express) - MALAYSIA accounts for 32 per cent of the palm oil produced globally and earned RM137.89 billion from its palm oil exports last year.

25/08/2023 (The Star Online), Petaling Jaya - Analysts are split on the prospects of Sime Darby Plantation Bhd (SDP), with some citing their concerns on the planter’s earnings for the first half of financial year 2023 (1H23), which are below consensus estimates.