PALM NEWS MALAYSIAN PALM OIL BOARD Friday, 11 Jul 2025

|

Advanced Search

Archived News

MARKET DEVELOPMENT  
  21-07-2022

Economists raise 2022 export forecasts after Malaysia's record 2Q showing

20/07/2022 (The Edge Markets), Kuala Lumpur - Malaysia's exports rose 38.8% year-on-year in June to RM146.16 billion, driven by strong demand for electrical and electronic (E&E) products, petroleum products, liquefied natural gas as well as palm oil and palm-oil based agriculture products, prompting economists to raise their full year 2022 export forecasts even as they caution of the possibility of slower growth momentum in the second half of 2022.

MARKET DEVELOPMENT  
  21-07-2022

What is super normal profit?

21/07/2022 (New Strait Times) - IN micro economic theory, there is a term called supernormal profit. The term itself defines what it is — profit above the normal level.

MARKET DEVELOPMENT  
  20-07-2022

Govt optimistic China will increase palm oil imports

19/07/2022 (New Straits Times), Kuala Lumpur - China is expected to increase its palm oil imports despite the current global challenges, including the tight edible oil market.

MARKET DEVELOPMENT  
  20-07-2022

Govt to monitor development after Indonesia scrapped palm oil export levy — deputy minister

19/07/2022 (The Edge Markets) - The government will monitor the development of the palm oil industry after Indonesia announced that it had scrapped its export levy for all palm oil products until Aug 31, 2022.

MARKET DEVELOPMENT  
  20-07-2022

China likely to raise imports of Malaysia palm oil despite challenges, says Zuraida

19/07/2022 (The Edge Markets), Kuala Lumpur - The Ministry of Plantation Industries and Commodities (MPIC) on Tuesday (July 19) said it remains optimistic that China will increase its palm oil imports despite the current global challenges.

MARKET DEVELOPMENT  
  20-07-2022

Malaysia won’t go bankrupt like Sri Lanka, finance minister tells MPs – even as its China palm oil exports tumble

19/07/2022 (South China Morning Post) - Malaysia is stable and isn’t at risk of going bankrupt like Sri Lanka, Malaysian Finance Minister Zafrul Aziz said, citing the International Monetary Fund’s prediction for the economy to expand 5.75 per cent this year as reason for confidence.

MARKET DEVELOPMENT  
  20-07-2022

Optimism about Indonesia’s palm oil exports

19/07/2022 (The Star Online), Kuala Lumpur - CGS-CIMB Research is optimistic about Indonesia’s latest measure on the short-term palm oil export levy waiver as it encourages an increase in exports and reduces the country’s high stockpiles.

MARKET DEVELOPMENT  
  20-07-2022

Asian palm oil buyers replenish inventories as prices correct

19/07/2022 (Malay Mail) - Asian buyers are ramping up palm oil purchases to replenish inventories after prices corrected to their lowest in a year and as top producer Indonesia has scrapped levies on exports.

MARKET DEVELOPMENT  
  20-07-2022

Palm oil set to plunge 20% by September, top analyst predicts

19/07/2022 (The Edge Markets) - Palm oil, the world’s most consumed cooking oil, may extend its slide, tumbling more than 20% to RM3,000 a tonne by September, driven by surging supplies in Indonesia, said veteran analyst Dorab Mistry.

MARKET DEVELOPMENT  
  20-07-2022

Malaysia says China's 2022 total palm oil imports likely lower

19/07/2022 (The Star Online), Kuala Lumpur - Malaysia's commodities minister on Tuesday warned that its palm oil exports to China will continue to be affected by global economic challenges and overall imports in the world's second-largest buyer will likely decline.

MARKET DEVELOPMENT  
  20-07-2022

Labour crunch cost Malaysian palm oil sector RM10.4b in January-May

19/07/2022 (The Sunday Daily) - Malaysia is losing around 57,880 tonnes of palm oil fruit each day due to an acute shortage of labour, the Plantation Industries and Commodities Ministry said today, costing the world's second-biggest producer more than RM10 billion in the first five months of the year.

MARKET DEVELOPMENT  
  20-07-2022

Higher CPO prices mitigate lower FFB yields for Kretam

19/07/2022 (The Edge Markets) - KRETAM Holdings Bhd reported a record profit of RM153.3 million in the financial year ended Dec 31, 2021 (FY2021), but the Sabah-based plantation group refuses to get overly excited.