Archived News

25/05/2023 (The Star Online), Kuala Lumpur - Malaysia's crude palm oil production could drop between 1 and 3 million tonnes next year due to the El Niño weather pattern, the Malaysian Palm Oil Board (MPOB) said on Thursday.

26/05/2023 (Wion News) - The Malaysian Palm Oil Board (MPOB) announced on Thursday (May 25) that the El Niño weather pattern might reduce crude palm oil production by 1 to 3 million tonnes next year.

28/05/2023 (The Sun Daily), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) is conducting research and development (R&D) to produce a variety of oil palm trees that are tolerant to low rainfall, said its director general Ahmad Parveez Ghulam Kadir.

KUALA LUMPUR: Malaysia's crude palm oil production could drop between 1 and 3 million tonnes next year due to the El Niño weather pattern, the Malaysian Palm Oil Board (MPOB) said on Thursday.

KUALA LUMPUR: The demand for Malaysian palm oil is expected to improve this year propped up by the hot weather, pushing up the price to between RM3,800 to RM4,000 per tonne, the Malaysian Palm Oil Board said.

KUALA LUMPUR: The Malaysian Palm Oil Board (MOB) has today announced that Palm Tocotrienol-Rich Fraction (TRF), a vitamin E sourced from palm oil with a high tocotrienol content, has been classified as an additional nutrient allowed for food products.

Malaysian palm oil futures jumped as much as 3% on Thursday, ending near a two-week high, helped by a weak ringgit and forecasts of a El Nino weather pattern hitting production next year.

PARIS, May 25 (Reuters) - An "abnormal" rise in imports of biodiesel classified as waste-based has hit rapeseed prices in Europe, vegetable oil industry group FEDIOL said, calling for an investigation into the authenticity of these biofuel imports.

JAKARTA, May 25 (Reuters) - The world's two biggest palm oil producers Indonesia and Malaysia will send top officials to the European Union next week to voice concern over a new deforestation law they believe could be detrimental to small farming businesses.

KUALA LUMPUR (May 25): The Malaysian Palm Oil Board (MPOB) is conducting research and development (R&D) to produce a variety of oil palm trees that are tolerant to low rainfall, said its director general Ahmad Parveez Ghulam Kadir.

24/05/2023 (Malay Mail), Kota Kinabalu - Sabah will enhance its tax collection system to close loopholes and target evasion that were costing the state government millions in revenue, said Datuk Masidi Manjun.

23/05/2023 (Reuters), Mumbai - India's palm oil imports in May are set to fall to their lowest in 27 months as its rare premium over other edible oils prompted buyers to cancel cargoes and replace them with soyoil and sunflower oil, dealers and cargo surveyors said on Tuesday.