Archived News
21-11-2022
Malaysian firms to see moderate 3Q earnings amid unabated economic headwinds
18/11/2022 (The Edge Markets), Kuala Lumpur - With the 3Q corporate earnings reporting season kicking off, investors are wondering which sector will wrap the year big.
21-11-2022
No near-term catalysts seen for plantation sector
19/11/2022 (The Star Online) - THE plantation sector does not appear too compelling at the moment as there are no significant catalysts in sight.
21-11-2022
Malaysia's trade keeps growth momentum, first 10 months of 2022 beats same period in 2021
17/11/2022 (News Straits Times) - Malaysia has maintained its growth momentum with trade, exports and imports registering the highest monthly value for the month of October.
17-11-2022
MPOC urges EU to recognise Malaysian Sustainable Palm Oil standards
16/11/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) has welcome the European Union’s (EU) Deforestation Regulation, aimed at stemming the importation of commodities including beef, cocoa, palm oil and soy into the EU market which may cause deforestation in producer countries.
17-11-2022
Planters to register weaker performance due to lower palm oil prices
16/11/2022 (The Malaysian Reserve) - PLANTERS will likely register a weaker performance, both quarter-on-quarter (QoQ) and year-on-year (YoY), in their upcoming quarterly results on the back of lower palm oil prices, said a local research house.
17-11-2022
Palm oil slips to over two-week low on firmer ringgit
16/11/2022 (Hellenic Shipping News) - Malaysian palm oil futures reversed early gains on Tuesday, falling to a more than two-week trough as a stronger ringgit and weaker rival edible oils outweighed a surge in exports.
17-11-2022
Tariff Notification No. 96/2022-CUSTOMS (N.T.) In Respect Of Fixation Of Tariff Value For Edible Oils, Brass Scrap, Areca Nut, Gold And Silver
15/11/2022 (Rissa Diary), New Delhi - In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001.
17-11-2022
Egypt’s trade deficit edges higher in August
15/11/2022 (Zawya) - Egypt’s trade deficit inched up 0.6% year-on-year (YoY) to $4.18 billion in August 2022, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on November 13th.
17-11-2022
HLIB Reserch: CPO price likely to stay above RM4,000 a tonne until Q1 2023
17/11/2022 (New Straits Times), Kuala Lumpur - Hong Leong Investment Bank (HLIB) Research expects the crude palm oil (CPO) price will sustain above RM4,000 per tonne over the next few months, possibly until the first quarter of 2023 (Q1 2023).
17-11-2022
Palm oil falls for third day on higher stocks, demand woes
16/11/2022 (Business Recorder), Mumbai - Malaysian palm oil futures fell for the third straight day on Wednesday to near their lowest level in more than two weeks on higher stocks and concerns over demand from leading buyer China as it struggles with rising COVID-19 cases.
16-11-2022
Palm oil to trade up to RM4,200 a tonne
15/11/2022 (The Star Online), Kuala Lumpur - Malaysian palm oil will likely trade between RM3,800 per tonne and RM4,200 per tonne until the second quarter of 2023 (Q223), as palm oil production is forecast to recover slightly next year.
16-11-2022
Weather, labour shortage likely to disrupt palm oil
15/11/2022 (Daily Express), Kuala Lumpur - The palm oil situation is expected to remain uncertain in 2023 as factors such as weather, labour situation and currency stability would shape the landscape of palm oil supply and demand balance.