Archived News
22-11-2022
Prices Of Edible Oil Fall In India Due To Slump In International Market
The prices of mustard, groundnut, soybean oil-oilseeds, cottonseed, crude palm oil, and palmolein oil fell in India following a slump in the global markets. The cost of mustard seeds decreased by Rs 175 close to Rs 7,300-7,350 per quintal as compared to Friday’s closing price.
21-11-2022
Planters need sustained high CPO prices
19/11/2022 (The Star Online) - COMMODITY markets are awaiting for China to lift its zero-Covid policy to fuel a broad-based rally in commodities.
21-11-2022
CPO futures likely to trade on a slightly upward bias next week
19/11/2022 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on a slightly upward bias next week given the recent weakness in prices which may prompt bargain-buying activities, said palm oil trader David Ng.
21-11-2022
Palm oil sustainability debated on sidelines of G20 summit
18/11/2022 (Biofuel International) - The Indonesian Government, the Council of Palm Oil Producing Countries (CPOPC) and the Indonesian Palm Oil Association (GAPKI) hosted the first Sustainable Vegetable Oil conference on the sidelines of the G20.
21-11-2022
Palm oil logs 10pc weekly slump on stronger ringgit
18/11/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures fell on Thursday, clocking the sharpest weekly decline of 10 percent in four months, weighed by a stronger ringgit and demand worries.
21-11-2022
Indonesia, China ink $2.6b palm oil, fishery trade deals
20/11/2022 (The Daily Star) - China has signed a US$2.6 billion worth of commitment to purchase crude palm oil (CPO) and its derivative products from Indonesia, allowing the archipelagic country to secure a trade boost from its number-one trading partner amid global recession.
21-11-2022
Oil Palm cultivation facing odds, farmers seek remunerative price
21/11/2022 (Deccan Chronicle) - Oil palm farmers in Andhra Pradesh are unwilling to continue the cultivation due to poor prices and are requesting the government to provide Rs 20,000 per tonne as remunerative price against the present Rs 10,000.
21-11-2022
RSPO tells Sime Darby Plantation to carry out action plan to address weaknesses
18/11/2022 (The Edge Markets), Kuala Lumpur - The Roundtable on Sustainable Palm Oil (RSPO) has required Sime Darby Plantation Bhd (SDP) to complete an action plan over the next six months to address the weaknesses identified in its existing systems and processes.
21-11-2022
Malaysian firms to see moderate 3Q earnings amid unabated economic headwinds
18/11/2022 (The Edge Markets), Kuala Lumpur - With the 3Q corporate earnings reporting season kicking off, investors are wondering which sector will wrap the year big.
21-11-2022
No near-term catalysts seen for plantation sector
19/11/2022 (The Star Online) - THE plantation sector does not appear too compelling at the moment as there are no significant catalysts in sight.
21-11-2022
Malaysia's trade keeps growth momentum, first 10 months of 2022 beats same period in 2021
17/11/2022 (News Straits Times) - Malaysia has maintained its growth momentum with trade, exports and imports registering the highest monthly value for the month of October.
17-11-2022
MPOC urges EU to recognise Malaysian Sustainable Palm Oil standards
16/11/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) has welcome the European Union’s (EU) Deforestation Regulation, aimed at stemming the importation of commodities including beef, cocoa, palm oil and soy into the EU market which may cause deforestation in producer countries.