Archived News
21-09-2022
Palm products export for January-June reaches RM71.02b
20/09/2022 (The Sun Daily) - Malaysia’s palm products export revenue increased significantly for the first six months of this year, totalling 14.05 million tonnes with a value of RM71.02 billion recorded during the period.
21-09-2022
Tariff commission for palm oil price at Tk133 per litre, sugar Tk84 per kg
20/09/2022 (The Business Standard News) - Bangladesh Trade and Tariff Commission (BTTC) has recommended setting the price of palm oil at Tk133 per litre and the price of sugar per kg, considering the price situation of the world market and import cost.
21-09-2022
MIDF Research raises Malaysia's 2022 exports, imports growth projection
20/09/2022 (The Edge Markets), Kuala Lumpur - MIDF Research has raised its 2022 growth projection for the country’s exports and imports to 22.4% and 29.5% respectively.
21-09-2022
EU hopes for trade pact with Indonesia within two years
20/09/2022 (Malay Mail), Jakarta - The European Union hopes to strike a free-trade agreement with Indonesia within two years despite disputes with South-east Asia’s largest economy over palm oil and nickel, the bloc’s trade commissioner said today.
20-09-2022
Sarawak Plantation seems shielded from volatile palm oil prices, says MIDF
19/09/2022 (The Edge Markets), Kuala Lumpur - Sarawak Plantation Bhd’s healthy balance sheet is likely to help the group tide through a possible downcycle of the industry as crude palm oil (CPO) prices gradually lose steam, said MIDF Research.
20-09-2022
CPO futures ends lower on concern over rising output, Chicago soybean oil weakness
19/09/2022 (The Edge Markets), Kuala Lumpur - The concern over rising output in the country coupled with the weakness in the Chicago bean oil market has dragged crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) lower on Monday (Sept 19).
20-09-2022
Palm oil rebounds on strong demand outlook and weaker ringgit
19/09/2022 (The Malaysian Reserve) - PALM oil bounced back after slumping for two days on expectations of a rise in purchases by top consumers and as a weaker Malaysian currency made the tropical oil cheaper for overseas buyers.
20-09-2022
Palm oil reverses early gains
20/9/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures reversed early gains to fall for a third straight session on Monday, as expectations of higher production in September outweighed strong demand.
20-09-2022
Palm oil may retest support of 3,686 ringgit
20/9/2022 (Business Recorder), Singapore - Palm oil may retest a support of 3,686 ringgit per tonne, a break below which could be followed by a further drop into 3,542-3,608 ringgit.
20-09-2022
Indonesia Still Considering Purchases of Russian Oil, Minister Says
19/09/2022 (The Diplomat) - Indonesia remains open to buying cheap oil “from anywhere,†including Russia, in order to keep the domestic price of fuel under control, the country’s energy minister said on Friday.
20-09-2022
CPO futures trading may recover slightly
19/09/2022 (The Star Online) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives may see some trading recovery this week amid the current attractive price levels.
20-09-2022
Sarawak Plantation seems shielded from volatile palm oil prices, says MIDF
19/09/2022 (The Edge Markets), Kuala Lumpur - Sarawak Plantation Bhd’s healthy balance sheet is likely to help the group tide through a possible downcycle of the industry as crude palm oil (CPO) prices gradually lose steam, said MIDF Research.