Archived News

20/09/2024 (New Straits Times), Kuala Lumpur - SD Guthrie Bhd has delivered its first shipments of 40,250 tonnes of palm oil to Europe and the United Kingdom that is fully compliant with the European Union's Deforestation Regulation (EUDR).

21/09/2024 (New Straits Times), Kuala Lumpur - Public Investment Bank Bhd (PublicInvest Research) has kept a "neutral" call on the plantation sector with a full-year crude palm oil (CPO) forecast of RM3,800 per tonne.

20/09/2024 (The Edge Malaysia), Mumbai - Malaysian palm oil is likely to trade between RM3,700 to RM4,500 a metric tonne from now until June, as demand is expected to be buoyant during the Chinese Lunar New Year and the holy month of Ramadan, industry analyst Dorab Mistry said.

20/09/2024 (PRNewswire), New York - Following the success of the June event dedicated to journalists, opinion leaders and food professionals, the EU Olive Oil project returned to New York to participate in the Plant Based Expo (Sept. 11-12), the benchmark event in the United States for 100% plant-based products.

20/09/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures rose for a third straight session on Friday and logged a weekly gain, buoyed by strength in rival Dalian contracts, though weaker crude oil prices, a firmer ringgit and demand concerns capped the rise.

19/09/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures extended gains to a second consecutive session onThursday, underpinned by firmer soyoil prices and production concerns in the world's second-biggest producer.

19/09/2024 (Reuters), Jakarta - The world's biggest palm oil exporter Indonesia will introduce a new set of monthly levies in a bid to improve competitiveness against rival edible oils, a regulation published on Thursday by its finance ministry showed.

19/09/2024 (Reuters), Mumbai - Indonesia's palm oil exports are expected to decline in 2024 due to increased domestic consumption because of a higher biodiesel blending mandate and a slight decrease in production, an industry official told Reuters on Thursday.

19/09/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday due to worries over weaker production of the commodity that might affect its supply, said a trader.

19/09/2024 (Bernama), Kuala Lumpur - The Oil Palm Smallholder Replanting Incentive Financing Scheme 2.0 (TSPKS 2.0), introduced by the government through the Malaysian Palm Oil Board (MPOB) and Bank Pertanian Malaysia Bhd (Agrobank) earlier this year, has received 2,384 applications, covering 6,723.88 hectares to date.

19/09/2024 (Business Today) - The Malaysian Palm Oil Council has urged the European Commission to delay the implementation of the EU Deforestation Regulation (EUDR) with the deadline of implementation set for30th December 2024.

19/09/2024 (Barchart) - Soybean futures are posting 1 to 2 cent gains so far on Thursday with solid export bookings is this morning’s report. CmdtyView’s national front month Cash Bean price is up 1 ¼ cents at $9.54 3/4. Front month Soymeal futures are up $1.40/ton. Soy Oil futures are up 88 points so far on the day.