Archived News

10/04/2023 (The Edge Markets), Kuala Lumpur = Malaysia's palm oil inventories at the end of March fell 21.08% from the previous month to 1.67 million tonnes, data by the nation's palm oil board showed on Monday (April 10).

10/04/2023 (The Edge Markets), Kuala Lumpur = Palm oil is highly efficient and productive than other oils per acre, which makes it cost-effective and environmentally beneficial, said John Longworth, a former member of the European Parliament.

10/04/2023 (Business Recorder), Jakarta - Malaysian palm oil futures closed a touch higher on Monday, snapping three days of losses after a report showed a sharp drop in stocks last month, though weak exports in the April 1-10 period limited gains.

09/04/2023 (Nasdaq), Jakarta - Malaysian palm oil futures dropped for a fourth session on Monday, as market participants awaited March output data and export figures for the first ten days of April, due later in the day.

10/04/2023 (Nasdaq), Jakarta - Malaysian palm oil futures dropped for a fourth session on Monday due to the absence of fresh destination buying, which hurt market sentiments, despite a tighter supply situation at origins.

08/04/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a volatile mode next week, as investors wait for reports by the Malaysian Palm Oil Board (MPOB) and the United States Department of Agriculture (USDA).

07/04/2023 (The Star Online) - THE palm oil industry has always received much flak for its role in deforestation around the world.

07/04/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures eased on Friday for a second session tracking weakness in Dalian rival oils, although the contract is set for a weekly rise on expectations of tightening supply.

09/04/2023 (This Day Live) - Outsourcing palm oil supply for domestic consumption in a nation like Nigeria which once controlled 40 per cent of the global supply comes with serious pressure on foreign exchange reserves and local initiatives, writes Festus Akanbi

06/04/2023 (Channel News Asia), Jakarta - Indonesia, the world's biggest palm oil biodiesel user, is now working to introduce bioethanol mandates for gasoline to further cut fuel imports and carbon emissions, but it will first have to secure more bio feedstock and solve thorny technical problems.

KUALA LUMPUR: The Malaysian Palm Oil Council (MPOC) has garnered RM66 million in potential sales in a recent trade and networking visit to Kazakhstan and Uzbekistan.

India’s March palm oil imports jumped 28% from an eight-month low in February, as discounts on the tropical oil prompted refiners to curb purchases of soyoil and sunoil, five dealers told Reuters.