Archived News

08/11/2022 (Pakistan Today) - In a peculiarity of the international markets, the price of cooking oil may go down in Pakistan after China refused to ease covid related lockdown restrictions in the country.

09/11/2022 (New Straits Times), Kuala Lumpur - KUALA LUMPUR: Kejuruteraan Asastera Bhd (KAB) is acquiring the entire stake in Future Biomass Gasification Sdn Bhd (FBG) from Future NRG Sdn Bhd (FNSB) for RM15 million.

09/11/2022 (New Straits Times) - KUALA LUMPUR: Bursa Malaysia reversed yesterday's losses to open higher today on mild buying interest in selected heavyweights, as mixed sentiment prevailed in regional markets, a dealer said.

09/11/2022 (Hellenic Shipping News) - DP World has signed a lease and collaboration agreement with UAE-based food producer IFFCO, for an edible oil packing plant in the Berbera Economic Zone (BEZ) in Somaliland.

BALI, Indonesia - Market uncertainties and slowing economies are clouding the outlook for global palm oil demand, with prices expected to decline next year after having hit record highs in the wake of Russia's invasion of Ukraine.

Petaling Jaya - Despite the threat of a recession in major economies next year, crude palm oil (CPO) prices are expected to remain supported in the quarters ahead backed by factors like market access of rival edible oils from the Russia-Ukraine war region, Indonesia’s export policies as well as issues like fertiliser availability, labour shortages, and weather uncertainty.

Paris - PARIS: In nut butter spreads, chips, in instant stock cubes… Its use is so diverse that palm oil holds the title of most consumed oil in the world, far ahead of soybean oil, rapeseed oil and sunflower oil.

Malaysian palm oil futures slid more than 1% on Tuesday, falling for the first time in three sessions, on concerns over tepid demand in key consumer China amid COVID-19 restrictions.

Singapore - Malaysian palm oil futures slid more than 1% on Tuesday, falling for the first time in three sessions, on concerns over tepid demand in key consumer China amid COVID-19 restrictions.

KUALA LUMPUR (Nov 8): Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives retreated to end easier following concerns about China demand.

In a peculiarity of the international markets, the price of cooking oil may go down in Pakistan after China refused to ease covid related lockdown restrictions in the country.

Crop consultancy Strategie Grains expects the area sown with rapeseed in the European Union to expand next season after high prices encouraged farmers to sow more of the oilseed and crops started in good conditions.