Archived News

U.S. soybean farmer’s biggest foreign competitor Brazil faces new challenges as a judge moves to ban glyphosate until more toxicology studies are completed. However, that isn’t stopping the country from potentially increasing soybean acres up to 5%.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Aug 15

PETALING JAYA: Batu Kawan Bhd saw its net profit for the third quarter ended June 30 improve 32% to RM106.59mil compared with the corresponding quarter last year.

KUALA LUMPUR: Malaysian palm oil futures rebounded from losses earlier in the day to chart a first day of gains in four sessions, lifted by a weaker ringgit and some short covering, traders said.

Bulgarians consume an increasing amount of palm oil in their milk products according to Ivan Grancharov from the Association of Dairy Processors in Bulgaria.

KUALA LUMPUR: The Ministry of Primary Industries has clarified that its Minister, Teresa Kok did not infer that a unit in the ministry was slow in responding to, or following up with, requests by buyers from China to purchase palm oil.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Aug 14.

PETALING JAYA: Lower-than-expected palm oil stocks on the back of higher-than-expected exports in July 2018 is expected to be supportive of crude palm oil (CPO) prices in the short term.

PUTRAJAYA: Malaysia has invited Ghana to join the intergovernmental organisation for palm oil producing countries, the Council of Palm Oil Producing Countries (CPOPC), in addressing challenges faced by the palm oil industry.

KUALA LUMPUR: Malaysian palm oil futures registered its sharpest daily decline in a month on Monday evening, falling for a third straight day on weakness in soyoil on the Chicago Board of Trade.

GOLDEN Agri-Resources fell into a net loss of US$39.02 million for the second quarter from a year-ago profit of US$21.88 million amid softer prices and foreign exchange losses, the Indonesia-based palm oil producer announced on Tuesday before the market opened.

Endangered monkeys and apes will almost certainly face new risks if Africa becomes a big player in the palm oil industry.