Archived News
21-08-2023
Trade Minister suggests reactivating bilateral forum with Vietnam
20/08/2023 (Antara News), Semarang, Central Jawa - Indonesia's Trade Minister Zulkifli Hasan has suggested reactivating the bilateral forum with Vietnam to improve bilateral trade.
18-08-2023
Planters likely to deliver mixed 2Q23 performance
17/08/2023 (New Straits Times), Kuala Lumpur - Planters will likely register a mixed performance for their second quarter ended June 30, 2023 (2Q23) results, with most planters' year-on-year performance affected by a decline in upstream plantation earnings.
18-08-2023
CPO futures close higher on expectation of slower output growth
17/08/2023 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday on expectation of lower production growth in the country, a dealer said.
18-08-2023
Malaysia can do more to halt deforestation, says MPOC chief
17/08/2023 (The Edge Malaysia), Kuala Lumpur - While Malaysia and Indonesia can be considered examples of “success stories” in deforestation, more needs to be done, said Malaysian Palm Oil Council (MPOC) chief executive Belvinder Kaur Sron.
18-08-2023
HLIB ‘neutral’ on plantation sector, expects mixed Q2 results
17/08/2023 (Free Malaysia Today), Petaling Jaya - Hong Leong Investment Bank Bhd (HLIB) has maintained its “neutral” stance on the plantation sector as it expects plants to report a mixed set of performance for the second quarter of 2023 (Q2 2023).
17-08-2023
Malaysia's palm oil board, Petronas to study use of palm waste as aviation fuel
16/08/2023 (Reuters), Kuala Lumpur - Malaysia's palm oil board and state oil firm Petronas (IPO-PETO.KL) have signed an agreement to study the use of used cooking oil and palm oil waste as sustainable aviation fuel.
17-08-2023
MPOB, PETRONAS to study production using cooking oil, palm wastes
16/08/2023 (The Star Online), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) and Petroliam Nasional Bhd (Petronas) are collaborating to conduct a study on the production of sustainable aviation fuel (SAF) with used cooking oil and palm wastes as the main raw materials.
17-08-2023
VEGOILS-Palm oil advances to nine-day high on rising exports, weak ringgit
15/08/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures jumped for a second straight session on Wednesday and hit a nine-day high after a surge in exports during the first half of August and as the ringgit weakened.
17-08-2023
Govt to procure 8m litres of soybean oil
16/08/2023 (Dhaka Tribune) - The government on Wednesday approved a proposal for procuring some eight million litres of soybean oil to meet the growing demand of edible oil in the country.
17-08-2023
Indonesia sets Aug 16-31 crude palm oil reference price at $820.35/metric ton
16/08/2023 (Market Screener), Jakarta - Indonesia has set its crude palm oil (CPO) reference price at $820.35 per metric ton for the period of Aug. 16-31, according to a trade ministry regulation.
17-08-2023
North-East: Political Parties divided on proposed Palm Oil cultivation
16/08/2023 (The North Lines) - In Northeast India, the debate over officially proposed palm oil cultivation on a major scale has warmed up, with some opposition parties in Assam protesting the state's decision to go ahead with the scheme.
16-08-2023
CPO futures snap 3-day losing streak amid better veg oil prices overseas
15/08/2023 (Malay Mail), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded after three days of losses, tracking the bullish momentum of Chicago Board of Trade (CBOT) soybean oil futures and resurgent Chinese vegetable oil futures, a dealer said.