Archived News

22/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) market is expected to experience yo-yo price movements next week due to a shortened trading week, said Interband Group of Companies senior palm oil trader Jim Teh.

22/12/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures ended lower on Friday and posted a second consecutive weekly loss, pressured by sluggish export demand.

20/12/2024 (The Star), Kuala Lumpur - Rating Corporation Bhd (MARC Ratings) anticipates the palm oil market to continue to face significant uncertainties heading into 2025, with supply-side challenges exacerbated by adverse weather conditions and a slower replanting pace.

22/12/2024 (Business Today) - Johor Plantations Group Berhad announced that it has awarded Tg. Langsat Development Sdn Bhd a contract worth RM39.04 million through a tender process for earthworks, main infrastructure development, sewage treatment plant construction, and associated works for its Integrated Sustainable Palm Oil Complex (iSPOC) project.

19/12/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended mostly lower on Thursday in line with the weaker soybean oil performance on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

19/12/2024 (Reuters), Jakarta - Indonesia will increase its export levy for crude palm oil (CPO) to 10 per cent from the current 7.5 per cent to finance higher biodiesel subsidies, its chief economic minister said on Thursday.

20/12/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures slipped on Thursday for a fifth straight session, weighed down by uncertainty over Indonesian and US biofuel policies.

20/12/2024 (Bernama), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) has signed a memorandum of understanding (MoU) with the Malaysian Space Agency (MYSA) to expand research and development (R&D) in the oil palm industry by leveraging space technology.

20/12/2024 (The Express Tribune), Lahore - Pakistan Horticulture Development and Export Company (PHDEC) conducted a webinar on "Good Agricultural Practices of Olive for High Yield and Good Quality".

18/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Wednesday, said palm oil trader David Ng.

18/12/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures dropped on Wednesday for a fourth consecutive session, weighed down by losses in rival edible oils.

18/12/2024 (Bernama), Kuala Lumpur - Malaysia is inviting China's palm oil companies to explore opportunities in the domestic industry.