Archived News

01/05/2024 (Reuters), Bengaluru - India's Adani Wilmar (ADAW.NS), opens new tab reported a 67.5% rise in its fourth-quarter profit on Wednesday, helped by higher demand for its edible oil and softer raw material costs.

29/04/2024 (XM), Kuala Lumpur - Malaysian palm oil futures rose for a second consecutive session on Monday, underpinned by strength in rival Dalian and Chicago oils, although estimates of higher output capped gains.

29/04/2024 (The Star Online), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) has called for government support in the form of a replanting tax incentive in efforts towards addressing the financial barrier to replanting old age palm trees nationwide.

29/04/2024 (New Straits Times), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) is firmly committed to advancing the national palm oil industry and supporting smallholders in Malaysia.

29/04/2024 (Farmers Review Africa) - Have you ever wondered what’s driving the cooking oil prices in South Africa? Understanding these dynamics can provide valuable insights into not only the global economy, but also the cost of a pantry staple we can’t do without! Let’s take a closer look at some of the factors that affect cooking oil prices, with Morne Botes, the Commercial Director of Southern Oil, as our guide.

29/04/2024 (Aerotime Hub) - Japan Airlines announced that it had launched a pilot program in Yokohama City to turn used cooking oil into sustainable aviation fuel (SAF) on its flights.

27/04/2024 (The Edge Malaysia), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) said there is an urgent need to accelerate replanting to address the issue of ageing oil palm trees, and urges the government to provide replanting tax incentives to support such efforts.

26/04/2024 (New Straits Times), Singapore - Malaysian palm oil futures rebounded from a two-day fall on Friday amid declining yields and ample domestic demand, although sell-offs in Dalian rivals capped gains.

27/4/2024 (Malay Mail), Bintulu - Sarawak Oil Palms Bhd (SOP) delivered 179,578.69 tonnes of palm methyl ester (PME) to Petronas and Shell depots throughout Sarawak last year, an increase from 161,671.96 tonnes delivered in 2022.

27/04/2024 (The Star Online), Kota Kinabalu - There is a pressing need to expedite the replanting of oil palm trees to tackle the issue of over half a million ageing crops in Sabah, says the Malaysian Oil Palm Association chief executive officer.

27/04/2024 (New Straits Times), Sandakan - A total of 61,421 hectares of agricultural land in Sabah has been replanted with oil palm last year as an effort to revive the industry in the state.

27/04/2024 (The Edge Malaysia), Bintulu - The Malaysian government is serious about resolving issues surrounding the palm oil industry in the country, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.