Archived News
20-02-2023
CPO futures likely to trade on downward bias next week
18/02/2023 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade on a downward bias next week after recording strong trading in the week just ended, palm oil trader David Ng said.
20-02-2023
Astra Agro Looks Back on Past CPO Export Ban’s Lasting Impact
18/02/2023 (Jakarta Globe), Jakarta - Palm oil producer Astra Agro Lestari recently said that Indonesia’s short-lived export ban on crude palm oil, or CPO, had created a quite lasting impact on its business processes and the industry as a whole.
20-02-2023
‘Rethink palm oil export sanctions’
18/02/2023 (The Star Online), Putrajaya - The European Union (EU) should do justice to economies by allowing them to function after necessary measures have been taken to ensure that their oil palm plantations are sustainable, says the Prime Minister.
20-02-2023
PM Anwar says Malaysia targeting to supply more palm oil to Germany, urges EU not to be rigid with regulations
17/02/2023 (Malay Mail), Kuala Lumpur - Prime Minister Datuk Seri Anwar Ibrahim hopes the European Union (EU) will not be too rigid with its regulations imposed on Malaysian export commodities, especially palm oil products.
20-02-2023
Don’t be so rigid about palm oil, Anwar tells EU
17/02/2023 (Free Malaysia Today), Putrajaya - Prime Minister Anwar Ibrahim has appealed to the European Union (EU) to “not be so rigid” with a deforestation rule that has acted as a sanction against Malaysia’s palm oil exports.
20-02-2023
Quanzhou deputy mayor calls for Malaysian palm oil producers, traders to expand to the city
17/02/2023 (New Straits Times), Kuala Lumpur - A delegation from the city of Quanzhou, Fujian, in China, has called on Malaysian palm oil producers and traders to expand business contacts with the city.
20-02-2023
M’sia targeting to supply more palm oil to Germany, urges EU not to be rigid with regulations
17/02/2023 (The Borneo Post), Kuala Lumpur - Prime Minister Datuk Seri Anwar Ibrahim hopes the European Union (EU) will not be too rigid with its regulations imposed on Malaysian export commodities, especially palm oil products.
17-02-2023
Efforts to promote palm oil-based products in international markets to be enhanced
16/02/2023 (New Straits Times), Kuala Lumpur - Efforts to promote Malaysian palm oil-based products will continue to be enhanced by the Malaysian Palm Oil Council (MPOC).
17-02-2023
India’s January palm oil imports fall 25% m/m – trade body
16/02/2023 (Hellenics Shipping News) - India’s palm oil imports in January fell about 25% from the previous month to 833,667 tonnes, a trade body said on Wednesday.
17-02-2023
Palm drops as exports slow, rival oils decline
16/02/2023 (Hellenics Shipping News) - Malaysian palm oil fell on Wednesday as export data from cargo surveyors showing a slowdown and lower prices of rival edible oil weighed on sentiment.
17-02-2023
Bursa Malaysia opens marginally lower
16/02/2023 (The Malaysian Reserve), Kuala Lumpur - Bursa Malaysia retreated from yesterday’s gains and opened marginally lower today as investors turned cautious in view of the strong US retail data, which might indicate potential interest rate hikes by the US Federal Reserve (Fed) going forward.
17-02-2023
AG's Report 2021: Govt received no dividend from MOF Inc-backed Felcra for three years
16/02/2023 (The Edge Markets), Kuala Lumpur - The federal government did not receive dividends from Felcra Bhd from 2019 to 2021, according to the Auditor General’s Report 2021 Series 2.