Archived News

PUTRAJAYA: The Primary Industries Ministry will announce implementation of the B10 (10% palm methyl ester with 90% petroleum diesel) programme in the transport sector by year-end, subject to approval by the Cabinet.

The crisis in anglophone Cameroon is damaging the Southwest Region's economy, with palm oil plantations closing and the cocoa trade tumbling, an NGO report said Wednesday.

JAKARTA: Palm oil sourced from illegally cleared rainforest areas in Indonesia has flowed through traders to major consumer goods brands despite widespread commitments to cease purchases of non-sustainable oil, a new report says.

SINGAPORE (July 20): Palm oil looks neutral in a range of 2,187-2,218 ringgit per tonne, and an escape could suggest a direction.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday July 19.

KUALA LUMPUR:Malaysian palm oil futures jumped more than 2 percent to a one-week high on Wednesday evening, as the ringgit weakened and related edible oils recovered.

KUALA LUMPUR: Boustead Plantations Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png is buying 4,915 ha of plantation land in Sandakan, Sabah, inclusive of a 75-tonne per hour palm oil mill.

Kuala Lumpur : Malaysian palm oil futures jumped 1.5 percent to a one-week top in early trade on Wednesday, as the ringgit weakened and related edible oils recovered.

JAKARTA: Palm oil sourced from illegally cleared rainforest areas in Indonesia has flowed through traders to major consumer goods brands despite widespread commitments to cease purchases of non-sustainable oil, a new report says.

SINGAPORE (July 18): Palm oil is expected to retest a support at 2,148 ringgit per tonne, as suggested by its wave pattern and a projection analysis

The Crude Palm Oil (CPO) prices are under pressure. The Crude Palm Oil futures contract on the Multi Commodity Exchange (MCX) have been on a strong downtrend over the last couple of months. The contract made a high of ₹673 per 10 kg on May 22 and had reversed sharply lower from there.

KUALA LUMPUR, July 18 (Reuters) - Malaysia will implement a higher biodiesel mandate from the second half of 2019, raising the minimum bio-content local producers must put in biodiesel to 10 percent from the current 7 percent, in a move to support palm oil prices.