Archived News

01/03/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose on Wednesday after a near 2% drop in the previous session, as heavy rains in the world's second-largest producer added to supply restraints.

02/03/2023 (The Indian Express) - AFTER CONSUMERS, farmers are complaining about the prices of edible oil. Except, their grievances pertain to the price of the commodity being too low.

01/03/2023 (Farmers Review Africa) - Tanzanian research institutes have discovered new high yielding palm oil seeds that is set to boost the cultivation of the trees and production of the edible oil in the country.

01/03/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended early losses on Tuesday on lacklustre exports and rising production, but were set for an 8.4% monthly gain as flood risk warnings raised concerns about output disruptions.

01/03/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures rose on Wednesday after a near 2% drop in the previous session, as heavy rains in the world’s second-largest producer added to supply restraints.

01/03/2023 (Channel News Asia), Singapore - Exports of Malaysian palm oil products for February rose 1.7 per cent to 1,131,939 tonnes from 1,113,292 tonnes shipped during January, cargo surveyor Societe Generale de Surveillance said on Wednesday.

28/02/2023 (Business Standard) - Expressing concern over rape-mustard seed rates falling below the minimum support price (MSP), edible oil industry body SEA on Tuesday demanded the government commence procurement and restrict imports of refined palm oil as part of steps to arrest the price drop.

01/03/2023 (New Straits Times), Manila - Malaysia and the Phillippines relations are on a strong footing and the visit of Prime Minister, Datuk Seri Anwar Ibrahim, starting today, will take it further forward.

28/02/2023 (New Straits Times), Kuala Lumpur - Malaysia has invited Thailand to join the Council of Palm Oil Producing Countries (CPOPC) as a member to create a stronger voice to address discriminatory protectionist measures against palm oil and rubber producers at Asean level.

28/02/2023 (AllAfrica) - PRIME Minister Kassim Majaliwa has revealed that research institutes in the country have succeeded in discovering and experimenting in the cultivation of the palm oil tree seeds known as Terena.

28/02/2023 (Business Recorder), Singapore - Palm oil may retest a support of 4,155 ringgit per tonne, a break below could open the way towards 4,039-4,083 ringgit range.

28/02/2023 (The Sun Daily), Kuala Lumpur - A total of 5.5 million hectares or 97.88 per cent of the total 5.6 million oil palm planted areas in the country have obtained the Malaysia Sustainable Palm Oil (MSPO) certification as at Jan 31 this year, said Deputy Plantation and Commodities Minister Datuk Siti Aminah Aching.