Archived News
12-05-2023
Palm oil to rise above 4,000 ringgit on signs of El Niño
10/05/2023 (Times of India), Kuala Lumpur - Malaysian palm oil prices can rise above 4,000 ringgit per tonne in the second half of 2023 as the El Niño weather pattern develops, industry analyst Dorab Mistry said on Wednesday.
12-05-2023
EU Envoy: Palm Oil produced by Felda smallholders not affected by EUDR
10/05/2023 (New Straits Times), Kuala lumpur - Palm oil produced by smallholders under the Federal Land Development Authority (Felda) will not be affected by the European Union Deforestation-free Regulation (EUDR), said European Union (EU) ambassador to Malaysia, Michalis Rokas.
12-05-2023
Deforestation-free regulation won’t affect Felda smallholders’ palm oil, says EU envoy
10/05/2023 (Free Malaysia Today), Petaling Jaya - Palm oil produced by Federal Land Development Authority (Felda) smallholders will not be affected by the European Union Deforestation-free Regulation (EUDR), said the EU ambassador to Malaysia, Michalis Rokas.
11-05-2023
Malaysia’s palm oil stocks fell 10.54 pct in April
KUALA LUMPUR: Malaysia’s total palm oil stocks fell 10.54 per cent to 1.50 million tonnes in March from 1.67 million tonnes in the previous month.
11-05-2023
Malaysia end-April palm oil stocks shrink to 11-month low on plunging output
KUALA LUMPUR: Malaysia's end-April palm oil inventories slumped to their lowest in 11 months, after production and exports plunged more than anticipated, data from the nation's palm oil board showed on Wednesday.
11-05-2023
Palm oil ends five-session high
KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday despite a deeper-than-expected cut in April production and stockpiles, as investors shifted focus to rising supply from top producer Indonesia.
11-05-2023
India's rapeseed farmers urge government to raise palm oil import tax
NEW DELHI - India's oilseed growers have urged the government to raise the import tax on palm oil, the most widely used vegetable oil, to help support thousands of local farmers reeling from a crash in domestic rapeseed prices.
11-05-2023
PAC 2023 to tackle issues of yield improvement and sustainability
KUALA LUMPUR: Chief among the key issues to be addressed at the three-day Programme Advisory Committee (PAC) 2023 meeting is the need for yield improvement in the Malaysian palm oil industry, says Malaysian Palm Oil Board chairman Mohamad Helmy Othman Basha.
11-05-2023
Indonesian ambassador discusses role of vegetable oils in achieving UN sustainable development goals
FAISALABAD, May 10: The International seminar focused on ‘Sustainable Production of Healthy Vegetable Oils: Policies & Practices to Achieving SDGs’ was inaugurated in Faisalabad by H.E. Mr. Adam M. Tugio, Ambassador of the Republic of Indonesia to Pakistan along with Prof. Dr. Iqrar Ahmad Khan, Vice Chancellor of the University of Agriculture, Faisalabad (UAF). The International seminar was organized by the Embassy of the Republic of Indonesia in collaboration with the Faculty of Food, Nutrition & Home Sciences, UAF.
10-05-2023
VEGOILS-Palm oil climbs for fifth day on supply worries, hit one-month high
09/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures reversed early losses on Tuesday to scale to their highest closing in a month, as traders assessed slow exports against forecasts of a steep drop in supply ahead of key data.
10-05-2023
VEGOILS-Palm oil slips from three-week peak, supply fears check losses
08/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures fell on Tuesday after a four-session rally, slipping from a near three-week peak ahead of key data, although expectations of lower supply capped losses.
10-05-2023
VEGOILS-Palm oil retreats from 3-week high on slow exports
09/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures retreated on Tuesday from a near three-week high scaled in the previous session, as traders assessed slow exports against forecasts of a steep drop in supply ahead of key data.