Archived News

03/04/2023 (Nasdaq), Singapore - Malaysian palm oil futures rose nearly 3% on Monday and touched a two-week high, as a rally in crude oil lifted prices.

03/04/2023 (Nasdaq), Singapore -Malaysian palm oil futures finished more than 3% higher on Monday, in the market's biggest rise in two months, as a rally in crude oil lifted prices after Saudi Arabia and other OPEC+ producers announced a surprise cut in their output target.

02/04/2023 (The Edge Markets), Kuching - The UK's decision to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is anticipated to boost trade ties between Malaysia and the country.

03/04/2023 (Business Recorder), Singapore - Palm oil still targets 3,853 ringgit per tonne, as it has broken a resistance at 3,718 ringgit. The break opened the way towards 3,853 ringgit.

03/04/2023 (Business Recorder), Singapore -Malaysian palm oil futures rose nearly 3% on Monday and touched a two-week high, as a rally in crude oil lifted prices.

02/04/2023 (Nasdaq), Singapore - Malaysian palm oil futures rose 2.5% on Monday with prices climbing to their highest in two weeks, underpinned by a rally in the crude oil market.

02/04/2023 (Free Malaysia Today), Petaling Jaya - The UK’s decision to join a regional trade pact is expected to help Malaysia break down the stigma and negative propaganda surrounding palm oil, plantation and commodities minister Fadillah Yusof said today.

02/04/2023 (Malay Mail), Kota Kinabalu - The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) Vice President Tan Sri Andrew Liew, hopes at least one Sabahan will be appointed to serve as a member of the Malaysian Palm Oil Board (MPOB).

02/04/2023 (Channel News Asia), Kuala Lumpur - Malaysia said on Sunday (Apr 2) it has signed a memorandum of understanding with a China government-backed trade association to enhance palm oil trade and cooperation.

02/04/2023 (New Straits Times), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) has signed a memorandum of understanding (MoU) with the China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce, and Animal By-products (CFNA) to enhance trade and cooperation in the palm oil sector between both countries on palm oil supply chain stabilisation fields.

Malaysian palm oil futures closed at a more than one-week high on Thursday, rising for a fourth consecutive session, underpinned by firm rival edible oils and expectations of lower production.

KUALA LUMPUR: The plantation and commodities ministry says the government does not plan to regulate the price of palm oil as a government-controlled product for now.