Archived News

KUALA LUMPUR: The European Union (EU) is “open to palm oil” as no legislation has ever been formed to specifically ban the edible oil in the EU market, said a head of EU delegation to Malaysia.

KUALA LUMPUR: Palm oil prices, which have fallen to their lowest in three years, are expected to remain under pressure in the second half of 2018 (2H18), with a limited increase seen, according to analysts.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil market on Monday July 16

THINGS are not looking great for Malaysian plantation players, with rising cost and no strong catalysts to boost crude palm oil (CPO) prices.

SINGAPORE (July 16): Palm oil is expected to fall more into a range of 2,109-2,124 ringgit per tonne, as suggested by a projection analysis.

ISLAMABAD: The imports of palm oil into the country witnessed increase of 8.14 percent during the first eleven months of the fiscal year 2017-18 as compared to the imports of the corresponding period of previous year.

While cotton and sugar are the menu, India may not succeed in other avenues such as soybean.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday July 13.

The price of Malaysian palm oil could drop to as low as 2,100 ringgit ($519.80) per tonne "in the medium term", edible oil analyst Thomas Mielke told an industry event in Seoul, not far from current levels which is the weakest in almost three years.

KUALA LUMPUR: Malaysian palm oil futures dropped to their lowest in nearly three years on Thursday, tracking overnight declines in related edible oils, before trimming some losses on the back of a weaker ringgit.

KUALA LUMPUR: The price of crude palm oil (CPO) futures contract fell to its lowest level since September 2015 as slow export growth and rising stockpile curbed the market’s appetite for the commodity.

KUALA LUMPUR: Crude palm oil for September delivery fell as much as 1.3% to RM2,176 per tonne on Bursa Malaysia Derivatives on Thursday, the lowest intraday level for most-active contract in more than two years.