Archived News
28-07-2022
Indonesia's zero export levy for crude palm oil deemed ineffective by farmers, producers
JAKARTA, July 27 (Xinhua) -- Private companies and fresh fruit bunch (FFB) farmers have criticized the Indonesian government's ongoing policy to waive the crude palm oil (CPO) export levy until the end of August, saying that it contributes nothing to boosting exports and FFB prices.
28-07-2022
Indonesia runs road test for biodiesel with 40% palm oil
JAKARTA (July 27): Indonesia on Wednesday (July 27) launched road tests for two types of biodiesel containing 40% palm oil, hoping to conclude by year end whether they are viable for public use, the Energy Ministry said.
28-07-2022
Indonesia's palm oil exports gather pace after levy removal – official
JAKARTA : Indonesia's crude palm oil (CPO) exports are picking up pace after the government waived its export levy to ease a supply glut, a senior Finance Ministry official said on Wednesday.
28-07-2022
Record CPO price to drive earnings
KUALA LUMPUR: Earnings of plantation companies will likely have peaked in the first half of this year (1H22) due to record high crude palm oil (CPO) spot average selling prices.
28-07-2022
Providing good seedlings
MALAYSIA, the world's second-largest producer and exporter of palm oil, produces high-quality palm oil and related-products. The country's palm oil products have gained the trust of consumers domestically and internationally.
28-07-2022
Palm oil remains neutral in 3,598-3,857 ringgit range
SINGAPORE: Palm oil remains neutral in a range of 3,598-3,857 ringgit per tonne, and an escape could suggest a direction.
28-07-2022
MPOB, Briar Resources ink agreements for tech transfer of fertiliser formulations
KUALA LUMPUR (July 27): Malaysian Palm Oil Board (MPOB) and Briar Resources Sdn Bhd have inked two memoranda of agreement (MoAs) for the technology transfer of two fertiliser formulations.
28-07-2022
Jihad against Inflation showing positive results
KUALA LUMPUR (July 28): The “Jihad against Inflation†move initiated by the government almost a month ago is already showing positive results.
28-07-2022
Zuraida: Hire foreign plantation workers from various countries
KUALA LUMPUR (July 27): Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin has urged industry players from the plantation sector to hire foreign labour from other countries, instead of relying on labour from Indonesia and Bangladesh.
27-07-2022
Palm oil prices to fall more due to distress selling by Indonesia
KUALA LUMPUR: Palm oil prices will weaken further in the short term due to softer demand and "distress selling" by top producer Indonesia, commodities consultancy LMC International forecast on Tuesday.
27-07-2022
China wants to increase palm oil imports from Indonesia
JAKARTA: China has expressed its commitment to increase its imports of one million tonnes of crude palm oil from Indonesia, said President Joko Widodo.
27-07-2022
China firms investing RM6bil to manufacture palm oil products
KUALA LUMPUR: China’s state-owned companies that have invested in the production of palm-based products in Malaysia will collaborate with Malaysian firms as well as the Malaysian Palm Oil Board.