Archived News

03/12/2024 (New Straits Times), Jakarta - Malaysian palm oil futures rose on Tuesday, underpinned by supply concerns due to floods in peninsular Malaysia and a higher Indonesian export tax and levy in December, but an expected decline in November exports capped gains.

03/12/2024 (The Manila Times), Jakarta - IAT (Singapore) Technology Pte. Ltd. (IAT), a leading provider of professional Near-Infrared (NIR) analysis products and services, has signed a Memorandum of Understanding (MoU) with the Aspekpir (Aspek Perkebunan Inti Rakyat or Nucleus-Plasma Plantation Partnerships). This partnership aims to revolutionize quality analysis in the palm oil industry. With its flagship product, the IAS-6100, IAT introduces advanced technology capable of delivering real-time data in less than two minutes, offering highly accurate assessments of oil palm fruit and its by-products.

03/12/2024 (Bernama), Kuala Lumpur – Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, with the futures trying to find support at the RM5,000 a tonne level.

03/12/2024 (The Edge Malaysia), Mumbai - India's edible oil imports in November jumped to their highest level in four months as refiners raised purchases of palm oil, soyoil and sunflower oil to replenish inventories after robust demand during festival season, five dealers said.

03/12/2024 (Business Recorder), Jakarta - Malaysian palm oil futures rose on Tuesday, tracking strength in Dalian palm oil prices and Chicago soyoil, while supply concerns due to floods in peninsular Malaysia and a higher Indonesian export tax and levy in December adding support.

02/12/2024 (Bernama), Kuala Lumpur – The Council of Palm Oil Producing Countries (CPOPC) must actively develop strategic plans to address the persistent regulatory challenges faced by palm oil-producing nations, urged Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

02/12/2024 (The Borneo Post), Sibu - The Incorporated Society of Planters (ISP) Central Sarawak branch is urging for urgent replanting of oil palm trees as the future of the industry hinges on continuous production of fruits.

02/12/2024 (Bernama), Kuala Lumpur – Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is ended lower today as weaker exports weighed down market sentiment.

02/12/2024 (Chemical Analyst News) - Indonesia is set to officially implement its B40 biodiesel program starting January 1, 2025, as part of its commitment to reducing carbon emissions and promoting sustainable energy. The B40 biodiesel, which is made from palm oil, is expected to cut carbon dioxide (CO2) emissions by up to 40 million tonnes annually. Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced this during the 12th Ministerial Meeting of the Council of Palm Oil Producing Countries (CPOPC). He shared that Indonesia has already made significant progress in reducing CO2 emissions through the B35 biodiesel program, which has resulted in a reduction of approximately 32 million tonnes of CO2 annually. Building on this success, the B40 program aims to take these efforts further, with the goal of surpassing 40 million tonnes in CO2 emission reductions each year.

02/12/2024 (Scand Asia) - Indonesia and Malaysia are working together to address the EU Deforestation Regulation (EUDR). The issue was discussed at the 12th Council of Palm Oil Producing Countries (CPOPC) meeting in Jakarta.

29/11/2024 (The Edge Malaysia), Jakarta - Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan 1 next year, its chief economic minister said on Friday.

29/11/2024 (The Star Online), Petaling Jaya - Analysts are mostly positive about FGV Holdings Bhd’s earnings and have raised their estimates for its future results.