Archived News
10-07-2023
MPOC: Malaysia’s palm oil exports to EU-27 to surpass 1.5 million tonnes
07/07/2023 (Malay Mail), Kuala Lumpur - Malaysia’s palm oil exports to the European Union 27 member states (EU-27) is projected to surpass 1.5 million tonnes in 2023, said the Malaysian Palm Oil Council (MPOC).
10-07-2023
Current CPO price is fair for producers, customers – MPOB
06/07/2023 (The Star Online), Bangi - The current price for crude palm oil (CPO) is a good balance for both producers and customers, the Malaysian Palm Oil Board (MPOB) chairman Mohamad Helmy Othman Basha said.
10-07-2023
Use of superior seeds can improve oil palm productivity: BRIN
06/07/2023 (Antara News), Jakarta - The use of superior seeds can help improve the productivity of oil palms in Indonesia, which is not yet optimal, according to the National Research and Innovation Agency (BRIN).
10-07-2023
Palm oil little changed in anticipation of better exports
06/07/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures reversed early gains on Wednesday after trading in a tight range, as traders weighed a forecast for a jump in June inventories against expectation for a recovery in July exports.
07-07-2023
Palm oil climbs more than 1% on lower output forecast
Malaysian palm oil futures climbed on Thursday, with market sentiment strengthening on forecasts of lower June production and expectations of exports picking up.
07-07-2023
MPOB unveils new technologies to produce better palms, use palm oil as substitute for milk fat
BANGI: The Malaysian Palm Oil Board (MPOB) has launched two new technologies from the biotechnology and food clusters for commercialisation at the Transfer of Technology (TOT) MPOB 2023 here today.
07-07-2023
No El-Nino effect on palm oil yields in second half: MPOB chairman
KUALA LUMPUR: There will unlikely be a major impact on palm oil yields due to El-Nino in the second half of this year, said the Malaysian Palm Oil Board (MPOB) chairman Datuk Mohamad Helmy Othman Basha.
07-07-2023
VEGOILS-Palm oil ticks up on lower production forecast
KUALA LUMPUR, July 6 (Reuters) - Malaysian palm oil futures edged up on Thursday after a two-day slump, with market sentiment strengthening as it took cues from soyoil, forecasts of low June production and expectations of export picking up.
07-07-2023
DPM Fadillah: Govt to continue efforts to ensure oil palm sector’s sustainability
KUALA LUMPUR, July 6 — The government is committed to driving the oil palm industry’s sustainability and capping the size of oil palm cultivation areas in the country, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
07-07-2023
Indonesia offers to help Kenya boost palm oil production
Indonesia has offered to assist Kenya to improve the production of palm and sunflower oil, the Ministry of Investments, Trade and Industry has announced.
07-07-2023
Use of superior seeds can improve oil palm productivity: BRIN
Jakarta (ANTARA) - The use of superior seeds can help improve the productivity of oil palms in Indonesia, which is not yet optimal, according to the National Research and Innovation Agency (BRIN).
06-07-2023
End-June palm oil stocks forecast at four-month high
PETALING JAYA: Malaysia’s palm oil inventories likely stood at 1.86 million tonnes by the end of June, rising by about 10.5% higher from a month earlier to stand at a four-month high amid sluggish exports, a Reuters survey shows.