Archived News

SINGAPORE: Palm oil may retest a support zone of 3,344-3,363 ringgit per tonne, a break below which could open the way towards 3,288 ringgit. The uptrend from 3,288 ringgit has been so deeply reversed that it is unlikely to extend.

KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) Belaga Research Station, which conducts agronomy and research activities, has been closed and its staff members have been transferred to the MPOB Sessang Research Station.

TEMPO.CO, Kuala Lumpur - The Council of Palm Oil Producing Countries (CPOPC) welcomed the third country member that represents the South American region, Hondur

KUALA LUMPUR: Malaysian palm oil futures dropped on Thursday for a fourth consecutive session, as hopes of higher production and an extension of the Black Sea export deal raised the prospects of improved global supply.

17/05/2023 (The Star Online), Kuala Lumpur - Indonesia, the world's largest palm oil exporter, on Wednesday (May 17) urged importing countries to recognise and pay the premium for sustainably produced palm oil rather than boycotting the widely-used oil, whose production critics say has been linked to deforestation.

18/05/2023 (New Straits Times), Kuala Lumpur - Malaysia and Indonesia are geared up for a two-day joint mission to Brussels beginning May 30 to deliberate on issues pertaining to recent developments in the European Union (EU), particularly the EU Deforestation Regulation (EUDR) that is negatively impacting the palm oil industry.

17/05/2023 (Nasdaq), Kuala Lumpur - Malaysia is committed to progressively raising its biodiesel mandate, its commodities minister said at a meeting with global palm oil producers on Wednesday.

17/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures fell for a third day on Wednesday to their lowest levels in two weeks, pressured by expectations of rising production amid lacklustre demand.

16/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures slipped for a third straight session on Wednesday to hit their lowest in two weeks, weighed down by expectations of rising production amid lacklustre demand.

17/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures fell for a third day on Wednesday to their lowest levels in two weeks, pressured by expectations of rising production amid lacklustre demand.

17/05/2023 (Business Recorder), Singapore - Palm oil may drop further into a range of 3,288-3,344 ringgit per tonne, as it has broken a support at 3,418 ringgit. The support could have been working as the final barrier towards 3,288 ringgit.

17/05/2023 (Financial Post), Kuala Lumpur - Indonesia, the world’s largest palm oil exporter, on Wednesday urged importing countries to recognize and pay the premium for sustainably produced palm oil rather than boycotting the widely-used oil, whose production critics say has been linked to deforestation.