Archived News
19-12-2022
Why palm oil is key for food security and sustainability
19/12/2022 (The Edge Markets) - Sustainability has rightfully been becoming more mainstream in the public's consciousness in recent years. This is in response to mankind facing ever greater climate-related challenges.
19-12-2022
Mistry predicts a jump in palm oil on Indonesian biofuel mandate
17/12/2022 (The Edge Markets) - Indonesia’s mandate to use more palm oil for producing biofuels and lower reserves in Malaysia will continue to support the tropical oil in the coming months, according to veteran trader Dorab Mistry.
19-12-2022
Veteran trader Dorab Mistry predicts a jump in palm oil on Indonesian biofuel mandate
18/12/2022 (The Star Online), Bangkok - Indonesia’s mandate to use more palm oil for producing biofuels and lower reserves in Malaysia will continue to support the tropical oil in the coming months, according to veteran trader Dorab Mistry.
19-12-2022
Palm Oil To Trade Between 3,500-5000 Rgt/T Until May- Analyst Mistry
19/12/2022 (Hellenic Shipping News) - Malaysian palm oil is expected to trade at between 3,500 and 5,000 ringgit per tonne from now until the end of May as stocks in the commodity’s top two producer countries deplete, leading industry analyst Dorab Mistry said.
19-12-2022
Egypt, Malaysia in talks for $30mln palm oil production project
18/12/2022 (Zawya) - A Malaysian company is currently in talks with Egypt to establish a two-stage palm oil production project with investments totalling $30 million, the Middle East News Agency (MENA) cited the Egyptian Commercial Service’s (ECS) Head, Yahya Elwathik Bellah.
19-12-2022
India raises base import price of palm oil, gold
16/12/2022 (Deccan Herald) - India raised the base import prices of crude palm oil and soy oil, gold and silver, the government said in a statement late on Thursday, as prices jumped in the world market.
19-12-2022
Fadillah urged to address oil palm concern, unresolved issues
17/12/2022 (The Borneo Post), Miri - Deputy Prime Minister Dato Sri Fadillah Yusof should urgently address concerns and unresolved issues affecting all Dayak oil palm smallholders in Sarawak, said Sarawak Dayak Oil Palm Planters Association (Doppa) president Napoleon R. Ningkos.
19-12-2022
Palm oil price cut by Tk 4, soybean Tk 5
16/12/2022 (The Daily Star) - The retail price of palm oil has been reduced by Tk 4 while soybean oil by Tk 5 a litre in the country.
19-12-2022
Health Benefits Of Palm Kernel Oil
17/12/2022 (Nigerian Tribune) - Palm kernel oil, also referred to as palm oil, is an extract from the seed of palm fruit. It is an edible oil that is rich in saturated fats which does not contain carotenoids. Palm fruit is popularly known for its tremendous health benefit to the body. It has a wide range of applications, including nourished hair, soft skin, and healthy food. It is used for various snack products, wax, skincare and cosmetic products.
16-12-2022
Premier: Palm oil sludge to raise commodity’s value, enable sustainable circular economy
15/12/2022 (The Borneo Post), Kuching - Palm oil sludge can be used for the solar panel industry, giving the industry the opportunity to be part of a sustainable circular economy, said Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg.
16-12-2022
Tough time ahead for plantation sector, no more double-digit profit growth in 2023 — analysts
14/12/2022 (The Edge Markets), Kuala Lumpur - It is unlikely that plantation companies will continue to post double-digit profit growths in 2023, according to analysts, due to lower crude palm oil (CPO) prices, higher energy costs, and costlier raw material.
16-12-2022
CPO futures ends higher for second day
14/12/2022 (The Edge Markets) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives settled higher for the second consecutive day as demand for the commodity improved on better market sentiment.