Archived News
30-10-2024
Government focus efforts on enhancing palm oil operations, yields
29/10/2024 (New Straits Times), Kuala Lumpur - The government is actively implementing efforts to enhance operational efficiency and yields to empower palm oil smallholders across the country.
30-10-2024
Johor Plantations unveils 10-year roadmap to become leading integrated palm oil producer
29/10/2024 (The Edge Malaysia), Kuala Lumpur - Johor Plantations Group Bhd (KL:JPG) on Tuesday unveiled its 10-year roadmap aimed at transforming the company into a next-generation integrated palm oil producer to lead the palm oil industry.
30-10-2024
Malaysia and Indonesia hiking export taxes
29/10/2024 (Oils & Fats International) - Higher export duties set to be introduced by leading palm oil producers Malaysia and Indonesia are expected to increase demand for the commodity, according to a report by The Star.
30-10-2024
Palm gains on low inventory, expectations of weak output
29/10/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures rose on Tuesday, driven by expectations of reduced palm production and lower inventory levels in the country.
29-10-2024
Malaysian palm oil trades sideways
29/10/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures traded sideways on Monday, as technical buying and a weaker ringgit limited its losses.
29-10-2024
CPO Futures Slide As Lower Oil Prices Weigh On Market Sentiment
28/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, extending its losses from last Friday, as lower crude oil and soybean oil prices continue to weigh on sentiment, said a palm oil trader.
29-10-2024
Sabah oil palm farmers get fairer price with MPOB intervention
29/10/2024 (New Straits Times) - PITAS: The issue of extremely low sale prices for fresh oil palm fruit bunches, affecting over 300 smallholders in this district, has been resolved.
29-10-2024
Sabah committed to future-proofing palm oil industry
28/10/2024 (The Borneo Post), Kota Kinabalu - The Sabah government is committed to future-proofing the palm oil industry, which is the state’s most significant export commodity, contributing 22 per cent or RM6.22 billion to revenue from 2018 to 2023.
29-10-2024
Johari: Govt to offer incentives for using palm kernel waste in chicken feed
28/10/2024 (New Straits Time), Kuala Lumpur - The government plans to offer incentives to chicken breeders who use palm kernel waste as animal feed, the plantation and commodities minister told the Dewan Rakyat told today.
28-10-2024
CPO price strength could dissipate through end-2024, says BMI
25/10/2024 (The Edge Malaysia), Kuala Lumpur - While bullish drivers for crude palm oil (CPO) prices may be strong in the immediate term, they are expected to dissipate through end-2024, said BMI, a Fitch Solutions company.
28-10-2024
With crude palm oil rates on fire, consumer firms start raising prices
27/10/2024 (Business Standard) - With crude palm oil prices on the rise, companies have started to jack up rates of soaps and edible oils in order to pass on the hike to consumers.
28-10-2024
Edible oil prices rise in spite of VAT cut
27/10/2024 (The Daily Star) - The move came at a time when inflation has been hovering over 9 percent since March 2023. Food inflation has remained above 10 percent since April this year.