Archived News

13/12/2024 (New Straits Times), Kuala Lumpur - India’s palm oil import duty hike poses a temporary challenge to Malaysia’s exports, says the Plantation and Commodities Ministry.

12/12/2024 (XM.com), Jakarta - Malaysian palm oil futures reversed losses to close higher on Thursday after heavy morning profit-takingactivities weighed down the market.

12/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Thursday, sipported by restoking activity of the commodity in India.

11/12/2024 (New Straits Times), Jakarta - Malaysian palm oil futures fell on Wednesday, as traders booked profits following early gains that were triggered by a drop in November stockpiles.

11/12/2024 (The Edge Malaysia), Kuala Lumpur -Crude palm oil (CPO) production is projected to decline further in the coming months due to the ongoing monsoon season and the typical seasonal drop in output, according to analysts.

11/12/2024 (Free Malaysia Today), Kuala Lumpur - The plantation and commodities ministry is confident the increase in import tax implemented by India on the price of Malaysian palm oil is temporary.

10/12/2024 (OFI Magazine) - The first shipment of Roundtable on Sustainable Palm Oil (RSPO) identity preserved (IP) certified sustainable palm oil has been delivered to China.

11/12/2024 (Bernama), Kuala Lumpur – The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, weighed by weaker demand, a trader said.

12/12/2024 (The Star Online), Petaling Jaya - Analysts mostly have upgraded the plantation sector to an “overweight” call with crude palm oil (CPO) prices likely to stay buoyant given anticipations of tighter global supply, low stock levels and increasing biodiesel demand in 2025.

10/12/2024 (The Edge Malaysia), Kuala Lumpur - Rising palm oil imports, combined with recovering Indonesian output and a sharp drop in exports, may signal demand rationing, according to agricultural commodity advisory firm Glenauk Economics.

09/12/2024 (XM.com), Jakarta - Malaysian palm oil futures fell on Monday, tracking a decline in rival vegetable oils on the Dalian and Chicago exchanges, while traders await data from the Malaysian Palm Oil Board (MPOB) for further cues.

09/12/2024 (Business Today) - Pacific Inter-Link Sdn Bhd (PIL) has marked a significant milestone with the departure of its largest palm oil shipment, carrying 70,000 metric tonnes (MT) of palm oil from Port Klang, Malaysia. The record-breaking cargo was transported aboard a 229-metre Long Range tanker, typically designed for crude oil or refined petroleum products, highlighting PIL’s capability in large-scale export operations.