Archived News
23-08-2022
VEGOILS-Palm extends gains on rival oils’ strength, weaker ringgit
23/08/2022 (Hellenic Shipping News) - Malaysia’s benchmark palm oil futures extended gains to a second session on Monday, helped by stronger vegetable oils, a weaker ringgit, and supportive export data.
23-08-2022
Fitch Solutions maintains palm oil average price this year at 1,160 USD per ton
22/08/2022 (China.org.cn) - Fitch Solutions on Monday maintained its palm oil average price forecast this year at 5,200 ringgit (1,160 U.S. dollars) per ton, seeing a slight recovery in palm oil prices from its recent decline.
23-08-2022
Getting more done with fewer workers
22/08/2022 (Free Malaysia Today), Petaling Jaya - The labour crunch that many industries in Malaysia face today has led some companies to automate their operations.
23-08-2022
Fitch Solutions expects CPO prices to drop to RM4,000 per tonne in 2023; dip further in following years
22/08/2022 (The Edge Markets), Kuala Lumpur - Fitch Solutions Country Risk and Industry Research anticipates the current downward trend in crude palm oil (CPO) prices to continue in the next four years to a low of RM2,600 per tonne in 2026.
23-08-2022
CPO futures to see profit-taking activity
22/08/2022 (The Star Online) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend downward this week on profit-taking activities.
23-08-2022
Higher CPO, palm kernel drive TSH 2Q earnings to RM57 mil
22/08/2022 (The Edge Markets), Kuala Lumpur - TSH Resources Bhd’s net profit for the second quarter ended June 30, 2022 (2QFY22) rose 44.37% to RM57.34 million from RM39.72 million in the same period last year, as its palm product segment benefited from higher average selling prices of crude palm oil (CPO) and palm kernel (PK).
23-08-2022
CPO futures end higher on Aug 22 on better demand
22/08/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives (BMD) closed higher on Monday (Aug 22) on better demand for the golden fruits.
23-08-2022
VEGOILS-Palm extends gains on rival oils’ strength, weaker ringgit
23/08/2022 (Hellenic Shipping News) - Malaysia’s benchmark palm oil futures extended gains to a second session on Monday, helped by stronger vegetable oils, a weaker ringgit, and supportive export data.
23-08-2022
Fitch Solutions maintains palm oil average price this year at 1,160 USD per ton
22/08/2022 (China.org.cn) - Fitch Solutions on Monday maintained its palm oil average price forecast this year at 5,200 ringgit (1,160 U.S. dollars) per ton, seeing a slight recovery in palm oil prices from its recent decline.
23-08-2022
Getting more done with fewer workers
22/08/2022 (Free Malaysia Today), Petaling Jaya - The labour crunch that many industries in Malaysia face today has led some companies to automate their operations.
22-08-2022
Poachers responsible for wildlife extinction, not palm oil – Zuraida
KUALA LUMPUR: Illegal hunting activities due to human-wildlife conflict have been identified as the main reason behind wildlife extinction.
22-08-2022
Crude palm oil heading towards downtrend consolidation phase
Crude palm oil futures rose sharply over the last 2 weeks from lows of RM3,700 (S$1,150) a tonne, propelled by gains in soybean oil on the Chicago Board Of Trade (CBOT) and expectations of better exports for the month of August. The world’s largest producer and exporter, Indonesia, recently announced an increase in export taxes for shipments for the week of Aug 9 to Aug 15, giving Malaysian crude palm oil (CPO) priced in ringgit a competitive edge.