PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 21 May 2026

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MARKET DEVELOPMENT  
  12-06-2023

Palm oil surges 3pc ahead of key data, logs second weekly decline

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.

MARKET DEVELOPMENT  
  12-06-2023

FGV Cultivates Sustainable Practices In Agriculture

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.

WORLD  
  09-06-2023

Pacts on borders and fighting palm oil ban

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.

MARKET DEVELOPMENT  
  09-06-2023

VEGOILS-Palm hits one-week closing low on rising stockpile concerns

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

MARKET DEVELOPMENT  
  09-06-2023

Indonesia urges UK not to follow EUDR that potentially harms farmers

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).

MARKET DEVELOPMENT  
  09-06-2023

USDA: US biodiesel exports up in April

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.

MARKET DEVELOPMENT  
  09-06-2023

Palm oil hits one-week closing low

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.

WORLD  
  09-06-2023

Anwar: Malaysia-Indonesia agrees to defend oil palm interest

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.

MARKET DEVELOPMENT  
  09-06-2023

Palm oil may retest resistance at 3,372 ringgit

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.

MARKET DEVELOPMENT  
  08-06-2023

Fadillah: Institute produces 2,500 oil palm sector trainees up till 2022

07/06/2023 (The Borneo Post), Kuching - The Malaysian Institute of Plantation and Commodities (Impac) has produced a total of 2,500 programme trainees for the oil palm sector up to 2022, said Deputy Prime Minister Dato Sri Fadillah Yusof.

MARKET DEVELOPMENT  
  08-06-2023

VEGOILS-Palm oil rebounds on soyoil strength, rising supply caps gains

07/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures jumped on Wednesday, recouping losses from the previous session as it track a surge in rival soyoil prices overnight, but forecasts of growing supply limited gains.

OILS & FATS  
  08-06-2023

Nigeria’s palm oil imports from Malaysia surges 353% in 4months as demand rises

07/06/2023 (Business Day) - Nigeria’s Palm Oil imports from Malaysia – a top global producer have surged by 353 percent in the first four months of 2023 despite local players ramping up production, data from the Malaysian Palm Oil Council shows.