PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 27 Nov 2024

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MARKET DEVELOPMENT  
  06-06-2023

CPO futures expected to trade lower next week

03/06/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives are expected to trade lower on the back of high stockpile.

MARKET DEVELOPMENT  
  06-06-2023

Hunting poses far greater danger to biodiversity, DPM Fadillah tells anti-palm oil lobby

02/06/2023 (Malay Mail), London - Deputy Prime Minister Datuk Seri Fadillah Yusof has hit out at the anti-palm oil lobby which blames the crop for the decline in orangutan populations, saying that hunting poses a far greater threat to biodiversity compared with oil palm plantations.

MARKET DEVELOPMENT  
  06-06-2023

Hunting poses greater threat, DPM tells anti-palm oil lobby

02/06/2023 (Malaysia Kini) - Deputy Prime Minister Datuk Seri Fadillah Yusof has hit out at the anti-palm oil lobby which blames the crop for the decline in orangutan populations, saying that hunting poses a far greater threat to biodiversity compared with oil palm plantations.

MARKET DEVELOPMENT  
  06-06-2023

LETTER | Palm oil industry: Focus on replanting for sustainability

02/06/2023 (Malaysia Kini) - The European Union (EU) has been tough on the palm oil industry worldwide and not only on Malaysia.

MARKET DEVELOPMENT  
  02-06-2023

Agrico Qatar seeks crude palm oil supply from Malaysia, says PM

01/06/2023 (The Star Online), Kuala Lumpur - Agrico Agriculture Development W.L.L. (Agrico Qatar), an organic agriculture company based in Qatar, intends to obtain a supply of crude palm oil for its palm oil refinery in Malaysia, says Datuk Seri Anwar Ibrahim.

MARKET DEVELOPMENT  
  02-06-2023

India slashes base import price of palm oil, gold

01/06/2025 (The Hindu Business Line) - India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold.

MARKET DEVELOPMENT  
  02-06-2023

VEGOILS-Palm oil claws back partial gains, weak exports limit

01/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures recovered some losses on Thursday after plunging nearly 6% in the previous session, but weak exports kept the contract near a 2.5-year closing low.

MARKET DEVELOPMENT  
  02-06-2023

DPM Fadillah: Malaysia-EU FTA stalled in 2012, EUDR will be pivotal in fresh talks

01/06/2023(The Sun Daily), London - Deputy Prime Minister Datuk Seri Fadillah Yusof said Malaysia is keen and will reconsider the trade deal with the European Union (EU) which was halted in 2012, provided it gives fair treatment for the country’s palm oil.

MARKET DEVELOPMENT  
  02-06-2023

Palm oil ends higher after three-day slump, but weak exports cap gains

01/06/2023 (Business Recorder) - Malaysian palm oil futures rose on Thursday after logging a third consecutive monthly decline in the previous session, but weak exports and production growth weighed on sentiment.

MARKET DEVELOPMENT  
  02-06-2023

Palm oil claws back partial gains, weak exports limit

01/06/2023(Business Recorder) - Malaysian palm oil futures recovered some losses on Thursday after plunging nearly 6% in the previous session, but weak exports kept the contract near a 2.5-year closing low.

MARKET DEVELOPMENT  
  01-06-2023

Indonesia, Malaysia freeze trade talks with EU over palm oil - FT

01/06/2023 (Channel News Asia) - Indonesia and Malaysia will delay trade talks with the European Union (EU) while they seek fairer treatment for small palm oil producers, the Financial Times reported on Wednesday.

MARKET DEVELOPMENT  
  01-06-2023

Indonesia, Malaysia criticise EU for 'discriminatory and punitive' actions against palm oil sector

31/05/2023 (Channel News Asia), Kuala Lumpur - Indonesia, Malaysia criticise EU for 'discriminatory and punitive' actions against palm oil sector