Archived News
06-03-2018
Palm oil may retest support at 2,448 ringgit
Palm oil may retest a support at 2,448 ringgit per tonne, a break below which could cause a loss to the next support at 2,418 ringgit.
06-03-2018
India raising palm oil import tax is short-term negative
India’s raised import duties on crude and refined palm oil is expected to cause a short-term negative impact but a long-term neutral impact to crude palm oil (CPO) prices.
06-03-2018
Malaysia’s total trade surges to RM156.01 billion in Jan 2018
Malaysia’s total trade in January 2018 surged by 14.9 per cent to RM156.01 billion compared with the corresponding month of last year, said the Ministry of International Trade and Industry (MITI).
06-03-2018
Govt pushing ahead with locomotive biodiesel plans
The government will decide whether to resume the 20 percent biodiesel blend (B20) policy for the locomotive sector by the end of June, when it expects to complete a fuel performance test in Sumatra.
06-03-2018
PREVIEW-Malaysia Feb palm oil stockpiles forecast to fall to four-month low
Malaysian palm oil stocks are expected to fall to a four-month low at the end of February as production declines outweighed a drop in exports, according to a Reuters poll.
06-03-2018
After EU curbs, palm oil producers' hunt for new export markets bears little fruit
A push by palm oil producers to cultivate new markets in Southeast Asia and the Middle East is unlikely to move the dial on exports this year, traders and analysts say, as customers favour cheaper rival oils while holding out for palm price cuts.
06-03-2018
Import duty raised on Crude Palm Oil, RBD Palmolein& RBD Palm Oil
We welcome the announcement on 1st March of substantially increasing the import duties on Crude Palm Oil from 30% to 44% as well as Refined Palm olein & Refined Palm Oil from 40% to 54%, stated The Solvent Extractors' Association of India (SEA).
06-03-2018
Edible oil industry seeks hike in import duty of soyabean oil
New Delhi, Mar 5 (PTI) Edible oil industry body SEA today hailed increase in import duty on crude and refined palm oils but sought hike in custom duties on soybean and sunflower oils as well to protect farmers interest.
05-03-2018
Wild boars adapting well in oil palm plantations
Bearded pigs or wild boars in Sabah’s Lower Kinabatangan area seem to have successfully adapted to oil palm plantations but there is still a need for them to live within forests.
05-03-2018
Malaysia's trade exports grow 17.9% to RM82m
Malaysia's trade exports in January surged 17.9% from the previous year to RM82.86, underpinned by growth in all major sectors and increased trade with its major trading partners.
05-03-2018
Palm oil may fall to 2,439 ringgit
Palm oil may break a support at 2,464 ringgit per tonne and fall more to the next support at 2,439 ringgit, driven by a fierce wave C.
05-03-2018
Mah: Vital to address palm oil ban in FTA talks
Malaysia’s free trade agreement talks with the European Union (EU) must address trade barriers that discriminate palm oil because this is a priority, said Plantation Industry and Commodities Minister Datuk Seri Mah Siew Keong.