Archived News

Malaysian palm oil futures ended lower on Thursday evening, having slipped to the bottom of their recent trading range, as weakening demand kept the tone bearish.

Manitoba Pulse & Soybean Growers released an acreage estimate April 25, suggesting that soybean acres this spring could be higher than the 2.29 million planted in 2017.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday April 26.

In the small farming settlement of Palong in rural Malaysia, the EU is a dirty word. A few months ago, these men – mostly in their sixties, their skin brown and weathered from years working the land – had never even heard of the European parliament: but now their livelihoods are at risk because of it.

KUALA LUMPUR (April 25): Malaysian palm oil futures ended flat on Wednesday evening, previously charting two earlier sessions of declines, as it traded in a tight range due to lacklustre export data.

JAKARTA - Indonesia has not ruled out retaliating if it is "cornered" by the European Union which is considering banning the use of palm oil in biofuels.

Ghana has intensified its effort at increasing oil palm production - to create wealth and jobs, by strengthening extension service support to growers.

KUALA LUMPUR: Kuala Lumpur Kepong Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png (KLK) has agreed to buy a 95% stake in an Indonesian oil palm company with plantation in East Kalimantan for about RM300mil.

AS you read this, I am now the caretaker Minister of Plantation Industry and Commodities after the 13th Parliament was dissolved on April 6.

On 26 October, Putri and Surna went, as they did every day, to the fireworks factory where they worked in Tangerang, on the outskirts of Jakarta, the capital of Indonesia. That day, however, was not any ordinary day. A spark came into contact with the gunpowder stored at the factory, triggering an explosion that killed 47 workers, including Putri and Surna. Their case was special: Putri was 14 years old and Surna 15, and their work at the factory was illegal.

The biofuel associations of seven Central and Eastern European nations have condemned the EU's RED II (Renewable Energy Directive) proposal to phase out the use of crop-based biofuels post-2020, in a strongly worded press release sent late Tuesday.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday April 25.