Archived News

KUCHING (June 11): Sarawak Oil Palm Plantation Owners Association (Soppoa) will be organising a Palm Oil Milling Technology Exhibition & Conference (POMtec) 2023 in Miri on August 8 and 9.

The prices of soybean oil and palm oil have dropped in line with global rates.

Chicago Board of Trade soybean futures exceeded a three-week high on Friday as demand from end users helped push soybean oil above a one-month peak, traders said.

KUALA LUMPUR: Malaysian palm oil futures jumped more than 3 percent on Friday, rebounding from the previous session as traders covered positions ahead of several key reports, although the contract logged a second weekly decline.

AS our planet struggles under the weight of climate change and environmental degradation, responsible companies across the globe are doubling down on efforts to reduce their carbon footprint, recognising the urgent need for immediate action.

PUTRAJAYA: Greater cooperation in fighting the anti-palm oil lobby and better cross-border ties between Kalimantan and Malaysia’s Sabah and Sarawak – were among the main takeaways from Indonesian president Joko Widodo’s visit to Malaysia yesterday.

Malaysian palm oil futures fell to a one-week closing low on Thursday as prospects of rising inventories outweighed support from a weaker ringgit.

Jakarta (ANTARA) - Indonesia's Coordinating Economic Affairs Minister Airlangga Hartarto has expressed hope that the United Kingdom will not follow the European Union that has recently issued the EU Deforestation-Free Regulation (EUDR).

The U.S. exported 147,212.9 metric tons of biodiesel and biodiesel blends of B30 and greater in April, according to data released by the USDA Foreign Agricultural Service on June 7. Imports of biodiesel and biodiesel blends of B30 and greater reached 134,326.1 metric tons.

KUALA LUMPUR: Malaysian palm oil futures fell to a one-week closing low on Thursday as prospects of rising inventories outweighed support from a weaker ringgit.

PUTRAJAYA: For the first time in history, both Malaysia and Indonesia are on the same page in the efforts to defend the oil palm commodity against the threat posed by the anti-oil palm campaign.

SINGAPORE: Palm oil may retest a resistance at 3,372 ringgit per metric ton, a break above could lead to a gain into the 3,425-3,511 ringgit range.