Archived News

KUALA LUMPUR: Malaysian palm oil futures jumped by more than 1 percent to its highest in nearly a month on Tuesday, extending gains into a third session on strength in related edible oils and earlier weakness in the ringgit.

PUTRAJAYA: The latest addition to the plantation industry players’ Budget 2019 wish list is for the government to allocate funds for palm oil-based biodiesel subsidies.

PETALING JAYA: RAM Ratings expects crude palm oil (CPO) prices to be sustained between RM2,200 and RM2,400 per tonne in the second half of 2018.

PUTRAJAYA: The Primary Industries Ministry is in the midst of exploring new markets for palm oil via good connections with several nations as Malaysia is striving to tackle anti-palm campaign issues.

PUTRAJAYA: The Primary Industries Ministry will continue to push into potential markets for Malaysian palm oil following the European Union's (EU) decision to end palm oil use for its transport sector by 2030.

KUALA LUMPUR (Aug 7): Malaysian palm oil futures edged higher in early trade on Tuesday, extending gains into a third session, on a weaker ringgit and strength in related edible oils.

Crude palm oil prices went up by 0.36 per cent to Rs 590 per 10 kg in futures trade today as speculators widened their positions amid firm demand at the spot market.

KUALA LUMPUR (Aug 7): Primary Industries Minister Teresa Kok came out in defence of newly appointed Malaysian Palm Oil Board (MPOB) chairman Tan Sri Mohd Bakke Salleh, describing him is a "man of integrity who can bring the palm oil industry to greater heights".

The implementation of B10 biodiesel in Malaysia is kicking around again two years after it was put on the backburner, but it is still receiving flak more than five years after it was first mooted. This time, the opposition comes from the Pan-Malaysia Lorry Owners’ Association 1987 (PMLOA), which has released a statement listing its reservations regarding the new fuel standard.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Aug 7..

KUALA LUMPUR: Malaysian palm oil futures edged up on Monday evening, having risen nearly 1 percent earlier in the day, tracking strength in related edible oils and charting a second straight session of gains.

KUALA LUMPUR: The appointment of Tan Sri Mohd Bakke Salleh, 64, as the new chairman of the Malaysian Palm Oil Board (MPOB) is expected to benefit the palm oil industry tremendously, given his vast experience, Phillip Futures Sdn Bhd dealer, David Ng said.