Archived News

Rapeseed oil sales by German oil mills remained well below the figure from 12 months previously at the beginning of the crop year.

03/07/2023 (The Edge Malaysia), Bangkok/Kuala Lumpur - Palm oil jumped more than 5% to inch closer to RM4,000 a ton after a US acreage report showing smaller-than-expected soybean plantings shocked crop markets and sent prices of soybean oil surging.

03/07/2023 (The Edge Malaysia), Kuala Lumpur - Lower soybean production in the US, weather conditions, and a weaker ringgit are expected to keep crude palm oil (CPO) prices above RM3,400 per tonne for the rest of this year, said analysts after prices rose to their highest level since March on Monday (July 3).

02/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose for a third session on Monday to its highest in more than two months, tracking a sharp rally in rival Chicago soyoil on concerns over smaller U.S. planting and inventories.

03/07/2023 (Daily Mirror) - Institute of Policy Studies of Sri Lanka (IPS) Research Fellow Dr. Erandathie Pathiraja provides valuable insights into the recently published IPS study ‘Palm Oil Industry in Sri Lanka: An Economic Analysis’. The study authored by Dr. Pathiraja, Ruwan Samaraweera, Hiruni Fernando and Jaan Bogodage, offers a comprehensive analysis of the economic and environmental impacts of the palm oil industry in Sri Lanka.

03/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rallied more than 5% on Monday to hit a more than three-month high, tracking a sharp rally in rival soyoil on concerns over smaller U.S. planting and inventories.

01/07/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower on lack of fundamental cues.

02/07/2023 (The Star Online), Putrajaya - Malaysia has sent a delegation led by Deputy Prime Minister Datuk Seri Fadillah Yusof to the Malaysian Palm Oil Forum-East Africa Region 2023 in Nairobi, Kenya.

01/07/2023 (New Straits Times), Putrajaya - Plantation and Commodities Minister and Deputy Prime Minister Datuk Seri Fadillah Yusof will lead the Malaysian delegation to the Malaysian Palm Oil Forum East Africa 2023 in Nairobi, Kenya, from July 3 to 7.

30/06/2023 (Malaysia Kini) - It comes in a deep red-orange hue, about the size of a rubber seed, and while rubber comes with much less controversy, the oil palm is a small fruit with a significant impact.

30/06/2023 (New Straits Times) - PALM tocotrienol-rich fraction (TRF), known for its nutrient function, can now be used on the labels of food products, a huge progress that benefits manufacturers and consumers as well as the palm oil industry.

30/06/2023 (New Straits Times) - THE debate on the impact of EU Deforestation Regulation (EUDR) on the palm oil sector in Malaysia has been in the headlines for several months.