Archived News
04-07-2023
Palm oil price to stay high amid tighter soybean market, say analysts
03/07/2023 (The Edge Malaysia), Kuala Lumpur - Lower soybean production in the US, weather conditions, and a weaker ringgit are expected to keep crude palm oil (CPO) prices above RM3,400 per tonne for the rest of this year, said analysts after prices rose to their highest level since March on Monday (July 3).
04-07-2023
VEGOILS-Palm oil tracks rival soyoil higher on smaller US soy planting
02/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose for a third session on Monday to its highest in more than two months, tracking a sharp rally in rival Chicago soyoil on concerns over smaller U.S. planting and inventories.
04-07-2023
Palm oil industry: Balancing economic benefits with environmental sustainability
03/07/2023 (Daily Mirror) - Institute of Policy Studies of Sri Lanka (IPS) Research Fellow Dr. Erandathie Pathiraja provides valuable insights into the recently published IPS study ‘Palm Oil Industry in Sri Lanka: An Economic Analysis’. The study authored by Dr. Pathiraja, Ruwan Samaraweera, Hiruni Fernando and Jaan Bogodage, offers a comprehensive analysis of the economic and environmental impacts of the palm oil industry in Sri Lanka.
04-07-2023
VEGOILS-Palm ends more than 5% higher on supply worries, tracks soyoil rally
03/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rallied more than 5% on Monday to hit a more than three-month high, tracking a sharp rally in rival soyoil on concerns over smaller U.S. planting and inventories.
03-07-2023
CPO futures likely to trade lower next week
01/07/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower on lack of fundamental cues.
03-07-2023
Looking into palm oil opportunities in East Africa
02/07/2023 (The Star Online), Putrajaya - Malaysia has sent a delegation led by Deputy Prime Minister Datuk Seri Fadillah Yusof to the Malaysian Palm Oil Forum-East Africa Region 2023 in Nairobi, Kenya.
03-07-2023
Fadillah to lead Malaysian delegation to palm oil forum in Kenya
01/07/2023 (New Straits Times), Putrajaya - Plantation and Commodities Minister and Deputy Prime Minister Datuk Seri Fadillah Yusof will lead the Malaysian delegation to the Malaysian Palm Oil Forum East Africa 2023 in Nairobi, Kenya, from July 3 to 7.
03-07-2023
LETTER | UK MSPO certification demonstrates Malaysian palm oil credibility
30/06/2023 (Malaysia Kini) - It comes in a deep red-orange hue, about the size of a rubber seed, and while rubber comes with much less controversy, the oil palm is a small fruit with a significant impact.
30-06-2023
Improving life with palm oil
30/06/2023 (New Straits Times) - PALM tocotrienol-rich fraction (TRF), known for its nutrient function, can now be used on the labels of food products, a huge progress that benefits manufacturers and consumers as well as the palm oil industry.
30-06-2023
Oil palm and deforestation: Malaysia cannot be considered a 'high-risk' country
30/06/2023 (New Straits Times) - THE debate on the impact of EU Deforestation Regulation (EUDR) on the palm oil sector in Malaysia has been in the headlines for several months.
30-06-2023
India’s palm oil drive faces reality check
29/06/2023 (China Dialouge) - Palm oil has become essential to India’s food security in the past three decades, replacing other edible oils such as groundnut. About 90% of the 8.5 million tonnes of palm oil consumed in India is used for cooking.
30-06-2023
Sustainability Standards, Governments Must Do More for Palm Oil Producers
29/06/2023 (Africa.com) - Concealed in half of all supermarket products, palm oil is the most widely produced edible oil. It represents a source of livelihood for over 7 million smallholder farmers worldwide. And given estimates that we need to generate 50% more food by 2050, it could play a key role in enhancing global food security and alleviating poverty.