Archived News

09/09/2023 (The Edge Malaysia), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) is set to hold its first ever National Palm Oil Conference 2023 next month, for stakeholders to discuss crucial issues and emerging trends in the palm oil sector.

10/09/2023 (Malay Mail), Kuala Lumpur - The global tocotrienol market is expected to grow at a compound annual growth rate (CAGR) of 7.2 per cent by 2024 from 530.4 tonnes in 2015, with the Asia Pacific region being the biggest market, according to the Malaysian Palm Oil Board (MPOB).

10/09/2023 (New Straits Times), Kota Baru - Ops Bersepadu caried out between Domestic Trade and Cost of Living Ministry (KPDN) and other agencies managed to reduce the leakage of subsidised cooking oil in 1kg polybags to the neighbouring country.

10/09/2023 (Counter View) - The northeastern states of India account for about three per cent of the total 1.4 billion population of India. In 2021, Prime Minister Narendra Modi unveiled the National Mission on Edible Oils – Palm Oil, with a total outlay of Rs11,040 crore. The plan is to bring 6.5 lakh hectares under oil palm cultivation, of which 3.2 lakh hectares would be in the northeast. Brands such as Godrej’s Agrovet, Patanjali’s Ruchi Soya and 3F have been planning entry into oil palm cultivation in the northeast. The push for acquiring land for oil palm cultivation is also seen as the backdrop to the ongoing violence in Manipur.

Malaysian palm oil futures closed down for a fourth consecutive session on Thursday ahead of August supply-demand data from the Malaysian Palm Oil Board (MPOB) and as losses in rival oils weighed.

European Union soybean imports so far in the 2023/24 season that started in July had reached 2.39 million metric tonnesby Sept. 3, up 7%compared with 2.23 million a year earlier, data published by the European Commission showed on Tuesday.

U.S. biodiesel production capacity fell by 169 MMgy between Jan. 1, 2022, and Jan. 1, 2023, according to data released by the U.S. Energy Information Administration in August. The number of biodiesel plants fell by 13.

The big harvest is likely to translate into a strong export program with much of the crop destined for European markets Ukraine is harvesting what analysts expect will be a record crop of canola.

JAKARTA: Malaysian palm oil futures closed down for a fourth consecutive session on Thursday ahead of August supply-demand data from the Malaysian Palm Oil Board (MPOB) and as losses in rival oils weighed.

MUMBAI: India’s palm oil imports are set to jump 26% to a record high in the 2022/23 year ending on Oct 31, as a recovery in consumption and competitive prices prompt refiners to increase purchases, the country’s top palm oil buyer told Reuters on Wednesday.

KOTA KINABALU: Over RM2mil has been allocated for the population survey of elephants and orangutans in Sabah. This funding by the Malaysian Palm Oil Green Conservation Foundation (MPOGCF), is to help various non-government organisations and government agencies such as the Sabah Wildlife Department (SWD) get the latest population count of the two animals.

KUCHING (Sept 6): Key industry experts say the upcoming development of Indonesia’s planned capital city, Nusantara, in Kalimantan could be a double-edged sword for East Malaysia’s palm oil sector.