Archived News
25-07-2023
VEGOILS-Palm oil drops tracking weaker rivals in Dalian
24/07/2023 (Nasdaq), Jakarta - Malaysian palm oil futures fell on Monday, extending declines in the early trade, dragged by weaker vegetable oils in the Dalian Commodity Exchange.
25-07-2023
Dramatic fall in palm oil imports into the EU
24/07/2023 (Biofuels International) - EU member states imported significantly less palm oil in the marketing year 2022/23 than the previous year.
25-07-2023
Palm oil up over news on Ukraine port attack
24/07/2023 (Business Recorder), Jakarta - Malaysian palm oil futures rose significantly on Monday, with the highest closing price of more than four months, over the news of Ukraine port attacked by Russia.
25-07-2023
RHB Research raises CPO price estimates for 2024, 2025 on El Nino effect
24/07/2023 (The Edge Malaysia), Kuala Lumpur - RHB Research has raised its projections for crude palm oil (CPO) prices to RM3,900 per tonne in 2024, and RM3,800 per tonne in 2025, as it believes that the impact of the El Nino weather phenomenon will only be felt next year.
25-07-2023
Biodegradable plastics produced from waste vegetable cooking oil, a more sustainable approach
24/07/2023 (News Straits Times), Kuala Lumpur - Waste vegetable cooking oil may soon be used to make cutlery and food packaging.
25-07-2023
What keeps cooking oil prices on simmer?
24/07/2023 (Times of India) - In 2021-22, India consumed 25. 8 million tonnes (MT) of vegetable oil, around 6 MT more than what it consumed a decade before.
24-07-2023
CPO futures likely to experience cautious trading
24/07/2023 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is anticipated to experience cautious trading this week as market participants zero in on the United States Federal Reserve’s interest rate decision on Wednesday, according to an analyst.
24-07-2023
Time to adapt regenerative farming system in oil palm
23/07/2023 (The Hindu Business Line) - It can help increase crop yield through high-yielding seedlings, recycling crop residue, re-using mill waste, and reducing cultivation costs
24-07-2023
Indonesia’s palm exports at 2.23 mln t in May
22/07/2023 (Hellenic Shipping News) - Indonesia’s palm oil exports, including refined products, stood at 2.23 million tonnes in May, compared with just 763,000 tonnes in the same month last year, data from the Indonesian Palm Oil Association showed on Friday.
24-07-2023
VEGOILS-Palm oil ease, but logs fourth weekly rise on supply concerns
21/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures ended lower on Friday due to profit-taking, but clocked a fourth weekly rise on robust July exports so far and concerns over Black Sea edible oil supplies.
24-07-2023
VEGOILS-Palm oil reverses early gains; set for fourth weekly rise on supply concerns
21/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures reversed early gains on Friday due to profit-taking, but the contract is set for a fourth weekly rise on robust July exports so far and concerns over Black Sea supplies.
21-07-2023
VEGOILS-Palm gains over 2% on concerns over Black Sea edible oil supplies
Kuala Lumpur - Malaysian palm oil futures jumped more than 2% on Thursday, as Russia's withdrawal from the Black Sea grain deal heightened concerns over edible oil supplies from the region.