Archived News

16/12/2024 (The Star), Kuala Lumpur - The crude palm oil (CPO) futures contract on the Bursa Malaysia Derivatives is expected to trade with a bullish bias this week, given weaker output and potentially lower stock levels for the month, a dealer says.

13/12/2024 (Reuters) Kuala Lumpur/Mumbai - Malaysia's palm oil production is set to fall for the fourth consecutive month in December as heavy rainfall hit harvesting in the world's second-largest producer of the tropical oil, the industry regulator told Reuters on Friday.

16/12/2024 (The Indian Express) - Low stocks and production uncertainties make wheat imports inevitable, while Indonesia’s biodiesel blending programme has caused global palm oil prices to soar.

12/12/2024 (New Straits Times), Kuala Lumpur - The tight supply of crude palm oil (CPO) inventory is expected to ease in the coming months, which would lead to a price correction once inventory levels rebound.

13/12/2024 (New Straits Times), Kuala Lumpur - The delay in implementing the European Union Deforestation Regulation (EUDR) has given Malaysia's palm oil sector additional time to enhance its readiness for full compliance, according to the Malaysian Palm Oil Board (MPOB).

13/12/2024 (New Straits Times), Kuala Lumpur - India’s palm oil import duty hike poses a temporary challenge to Malaysia’s exports, says the Plantation and Commodities Ministry.

12/12/2024 (XM.com), Jakarta - Malaysian palm oil futures reversed losses to close higher on Thursday after heavy morning profit-takingactivities weighed down the market.

12/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Thursday, sipported by restoking activity of the commodity in India.

11/12/2024 (New Straits Times), Jakarta - Malaysian palm oil futures fell on Wednesday, as traders booked profits following early gains that were triggered by a drop in November stockpiles.

11/12/2024 (The Edge Malaysia), Kuala Lumpur -Crude palm oil (CPO) production is projected to decline further in the coming months due to the ongoing monsoon season and the typical seasonal drop in output, according to analysts.

11/12/2024 (Free Malaysia Today), Kuala Lumpur - The plantation and commodities ministry is confident the increase in import tax implemented by India on the price of Malaysian palm oil is temporary.

10/12/2024 (OFI Magazine) - The first shipment of Roundtable on Sustainable Palm Oil (RSPO) identity preserved (IP) certified sustainable palm oil has been delivered to China.