Archived News
13-03-2023
Challenges, issues facing palm oil industry in Sabah
11/03/2023 (The Borneo Post Online), Kota Kinabalu - The Malaysian Palm Oil Association (MPOA) discussed challenges and issues facing the palm oil industry in Malaysia, with a special focus on Sabah at its Sabah branch’s Annual General Meeting (AGM) in Sandakan on March 12.
13-03-2023
CPO production likely to increase
10/03/2023 (The Star Online), Petaling Jaya - Palm oil industry experts generally expects crude palm oil (CPO) production will increase while the average CPO price could soften further this year.
13-03-2023
CPO price to trade between RM3,800-4,300 per tonne in March, says CGS-CIMB Research
13/03/2023 (New Straits Times), Kuala Lumpur - The domestic crude palm oil is expected to trade in the RM3,800-RM4,300 per tonne range this month, driven by the severity of the floods in Johor and its potential impact on Malaysia's palm oil output.
13-03-2023
Ready selves to deal with climate change, other challenges, Fadillah tells palm oil players
11/03/2023 (The Borneo Post Onlinw), Kuching - Palm oil industry players must be ready to deal with whatever situation that may crop up including climate change, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
10-03-2023
Coordinated approach for palm oil issues
09/03/2023 (The Star Online), Kuala Lumpur - A palm oil industry player has called for a coordinated approach to deal with the issues in the palm oil industry, including the treatment of foreign labour in Malaysia.
10-03-2023
Palm oil expected to trade between RM4k to RM5k until August
08/03/2023 (Free Malaysia Today), Kuala Lumpur - Malaysian palm oil is expected to trade between RM4,000 and RM5,000 per tonne from now until August as Indonesia’s ambitious biodiesel mandate will keep stocks tight in the first half of 2023, industry analyst Dorab Mistry said today.
10-03-2023
Indonesia's biodiesel policy, dry weather to keep palm oil prices elevated
09/03/2023 (Reuters), Kuala Lumpur - Indonesia's biodiesel policy and the likely emergence of the El Nino weather pattern could further strain global inventories of the most used cooking oil, lifting prices later this year, leading industry officials and analysts said at a conference.
10-03-2023
Palm oil snaps three-day decline, MPOB data in focus
09/03/2023(Business Recorder) - Malaysian palm oil futures reversed early losses on Thursday, snapping a three-day decline as traders shifted their focus to the upcoming palm oil board data, after a highly-anticipated conference in Kuala Lumpur did not indicate a clear price trend.
10-03-2023
Palm oil neutral in 4,153-4,225 ringgit range
09/03/2023 (Business Recorder), Singapore - Palm oil looks neutral in a range of 4,153-4,225 ringgit per tonne, and an escape could suggest the following direction.
10-03-2023
Martin: Issues affecting S’wak oil palm smallholders will be brought up to Putrajaya
09/03/2023 (The Borneo Post), Kuala Lumpur - Deputy Minister of Food Industry, Commodity and Regional Development Martin Ben has given assurance that the Sarawak government will bring the issues affecting oil palm smallholders to the attention of the federal government.
09-03-2023
Palm oil to fall to RM3,760 per tonne average in 2023, says analyst Fry
08/03/2023 (The Star Online), Kuala Lumpur - Malaysia benchmark crude palm oil futures will average RM3,760 a tonne in 2023, down from RM4,920 in 2022, pressured by lower gasoil prices, leading analyst James Fry said on Wednesday.
09-03-2023
MPOB expects palm oil stocks to dip below 2mil tonnes
08/03/2023 (Free Malaysia Today), Kuala Lumpur - Malaysia’s palm oil stocks could fall below two million tonnes by the end of April, which would be the lowest since July, as exports are increasing after Indonesia restricted overseas sales, a senior official told Reuters.