Archived News

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday March 29.

KUALA LUMPUR (March 28): Malaysian palm oil futures edged lower on Wednesday evening as the ringgit strengthened further and hit its highest in nearly two years.

AT the Palm & Lauric Oils 2018 Price Outlook Conference & Exhibition that ended two weeks ago, United Plantations Bhd vice-chairman and CEO Datuk Carl Bek-Nielsen, in his presentation and following panel discussion, fervently questioned the discrimination against palm oil and called for stakeholders along the palm oil value chain to collectively address the issue of low take-up of sustainable crude palm oil.

JOHOR BARU, March 29 ― When palm oil farmer Isnin Kasno eventually retires, his three children will turn their backs on the family's small plantation in Malaysia's southern state of Johor.

The Abia State Government has announced that it will stop depending on allocation from the federal government by the year 2020 as its investments in palm oil plantations would have started yielding enough revenue to sustain it. Abia State’s Commissioner for Information, Mr. John Okiyi said this during a chat with the members of the Correspondents Chapel of the Nigeria Union of Journalists (NUJ) in Umuahia on March 28.

SINGAPORE (March 28): Palm oil may drop to RM2,150 per tonne in three months, as suggested by a triangle, the wave pattern and a projection analysis.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday March 28.

KUALA LUMPUR: Malaysian palm oil futures edged down at the end of the trading day on Tuesday as a stronger ringgit and expectations of a rise in output in the coming months weighed on the edible oil's prices.

TEMPO.CO, Jakarta - The Palm Oil Farmers Society (SPKS) demanded the government revise the policy regarding palm oil plantation distribution funds. According to SPKS Advocacy Center Chairman, Marselinus Andry, the fund has been distributed unequally because it is too partial to large companies.

Draft EU law seeks to ban all palm oil biofuel imports by 2021, a move Malaysia has likened to 'crop apartheid' and Indonesia has vowed to retaliate

KUALA LUMPUR: The Crude Palm Oil (CPO) Export Scheme, which entailed the suspension of export tax on the product, has reduced the palm oil stockpile and strengthened the prices, said Plantation Industries and Commodities Deputy Minister, Datuk Datu Nasrun Datu Mansur.

The ongoing trade spat between China and the US could potentially benefit crude palm oil (CPO), analysts say, assuming that China imposes import tariffs on US soybeans, which will make US soybeans less competitive.