Archived News

07/02/2017 (New Straits Times) - Affin Hwang Capital Research has revised upwards its average crude palm oil (CPO) price forecast to RM2,600 per tonne from RM2,400 per tonne for this year and next year.

06/02/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

06/02/2017 (Reuters) - Malaysian palm oil futures edged up in the first-half session on Monday buoyed by expectations that data due this week will show a rise in export demand, while production remains weak.

06/02/2017 (Bernama) - Malaysia has reclaimed its position as the world’s major exporter of palm oil to China, overtaking Indonesia with a growth of 53.6% in the last six months of last year.

06/02/2017 (Jakarta Post) - The government is considering to group together palm oil refineries to make it easier to use palm oil waste to fuel power plants.

06/02/2017 (Reuters) - Malaysian palm oil prices could fall by nearly a fifth from the current level to 2,500 ringgit a tonne by June or July as production is expected to recover in second-biggest producer Malaysia, analyst Dorab Mistry told an industry event on Friday.

06/02/2017 (The News International) - Pakistan’s soybean oil imports during the first half of the current financial year reduced 42.69 percent as compared to imports during the corresponding period of the last year.

06/02/2017 (Bernama) - Minister of Plantation Industries and Commodities, Datuk Seri Mah Siew Keong, will lead the Economic and Technical Missions on Palm Oil, Timber and Rubber Products to Iran and India from Feb 5-9, 2017.

06/02/2017 (Bernama) - The Minister of Plantation Industries and Commodities, YB Datuk Seri Mah Siew Keong, will be leading a Economic and Technical Mission on Palm Oil, Timber and Rubber Products to Iran and India from 5 to 9 February 2017.

06/02/2017 (Daily Express) - Sabah's export of crude palm oil (CPO) is not negatively affected by a change of policy by the new US President Donald Trump who officially pulled out the world's biggest economy from the Trans- Pacific Partnership Agreement (TPPA) last month.

03/02/2017 (Bernama) - The palm oil industry views seriously the issue of process contaminants that affect all refined vegetable oils although the actual risk to human health has yet to be clearly defined.

03/02/2017 (The Star) - Affin Hwang Capital Research sees the current uptrend in crude palm oil (CPO) prices as positive for palm oil planters but it thinks there are moderating factors to it.