Archived News

14/02/2023 (New Straits Times), Kuala Lumpur - Research houses are retaining their neutral calls on the plantation sector after data revealed that Malaysia's crude palm oil (CPO) stocks increased three per cent month-on-month (m-o-m) to 2.3 million tonnes at the end of January, while exports fell 23 per cent m-o-m and two per cent year-on-year (y-o-y) to 1.14 million tonnes in Jan 2023.

14/02/2023 (The Malaysian Reserve) - FROM a humble start over a century ago, Malaysia is now the second-largest producer of palm oil and a major exporter globally.

14/02/2023 (Morning Star) - Dekel Agri-Vision PLC on Tuesday said January was a record month for crude palm oil extraction and prices at its Ayenouan palm oil project in the Ivory Coast.

14/02/2023 (The Hindu Business Line) - Burdened by massive import of vegetable oil amounting to 13-14 million tonnes and valued at over $14 billion to meet chronic domestic shortage, the government is keen to boost domestic production and reduce the dependence on imports.

13/02/2023 (Nasdaq), Jakarta - Malaysian palm oil futures rebounded on Monday, helped by higher exports and stronger rival oils, while market participants monitored Indonesian exports policy.

14/02/2023 (The Star Online), Petaling Jaya - Crude palm oil (CPO) stocks which rose 3% month-on-month to 2.27 million tonnes at end-January, may get some respite in the near-term due to key factors that will drive up the commodity’s price.

13/02/2023 (The Malaysian Reserve) - THE proposed ban on palm oil exports to the European Union (EU) may bring unexpected dire consequences to the industry, experts said.

13/02/2023 (Reuters), Mumbai - Indonesia's plans to restrict palm oil exports are unlikely to create a shortage in top consuming market India, where stocks have risen to a record high following aggressive imports in the past three months, industry officials said.

13/02/2023 (Economic Times) - Indonesia's plans to restrict palm oil exports are unlikely to create a shortage in top consuming market India, where stocks have risen to a record high following aggressive imports in the past three months, industry officials said.

13/02/2023 (Free Malaysia Today), Kuala Lumpur - Research houses are retaining their “neutral” calls on the plantation sector after data revealed Malaysia’s crude palm oil (CPO) stocks increased 3% month-on-month (m-o-m) to 2.3 million tonnes at the end of January.

13/02/2023 (Food Ingredients First) - With aims to secure a steady flow of palm oil exports from Asia toward the EU, Indonesia and Malaysia are sending a joint delegation to Europe to gather more information and present their views on the bloc’s future policy regarding the commodity. A new ban on deforestation-linked commodities may block future imports of palm oil from the two countries.

14/02/2023 (Hellenics Shipping News) - Malaysian palm oil futures dropped for a third day on Monday after rival oils turned negative and dragged on sentiment for palm despite strong export data.