Archived News
13-03-2023
Labour woes easing
13/03/2023 (The Star Online), Petaling Jaya - The labour woes in the oil palm plantation sector in Malaysia have eased with many planters expecting normalcy by the middle of this year, says Malaysian Palm Oil Association (MPOA) chief executive Joseph Tek.
13-03-2023
Sabah remains significant regional palm oil producer despite decline in yields
11/03/2023 (New Straits Times), Sandakan - Sabah continues to be a significant regional palm oil producer, providing livelihood and shared prosperity for all Sabahans, said the Malaysian Palm Oil Association (MPOA).
13-03-2023
Malaysia's palm oil stocks slide 6.56% in Feb
10/03/2023 (The Star Online), Kuala Lumpur - Malaysia’s total palm oil stocks dropped by 6.56 per cent to 2.11 million tonnes in February 2023 from 2.26 million tonnes recorded in the preceding month, said the Malaysian Palm Oil Board (MPOB).
13-03-2023
Malaysia end-Feb palm oil stocks shrink to six-month low as output plummets
10/03/2023 (Malay Mail), Kuala Lumpur - Malaysia’s end-February palm oil inventories tumbled to the lowest in six months as production and imports plummeted, data issued by the nation’s palm oil board showed today.
13-03-2023
Challenges, issues facing palm oil industry in Sabah
11/03/2023 (The Borneo Post Online), Kota Kinabalu - The Malaysian Palm Oil Association (MPOA) discussed challenges and issues facing the palm oil industry in Malaysia, with a special focus on Sabah at its Sabah branch’s Annual General Meeting (AGM) in Sandakan on March 12.
13-03-2023
CPO production likely to increase
10/03/2023 (The Star Online), Petaling Jaya - Palm oil industry experts generally expects crude palm oil (CPO) production will increase while the average CPO price could soften further this year.
13-03-2023
CPO price to trade between RM3,800-4,300 per tonne in March, says CGS-CIMB Research
13/03/2023 (New Straits Times), Kuala Lumpur - The domestic crude palm oil is expected to trade in the RM3,800-RM4,300 per tonne range this month, driven by the severity of the floods in Johor and its potential impact on Malaysia's palm oil output.
13-03-2023
Ready selves to deal with climate change, other challenges, Fadillah tells palm oil players
11/03/2023 (The Borneo Post Onlinw), Kuching - Palm oil industry players must be ready to deal with whatever situation that may crop up including climate change, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
10-03-2023
Coordinated approach for palm oil issues
09/03/2023 (The Star Online), Kuala Lumpur - A palm oil industry player has called for a coordinated approach to deal with the issues in the palm oil industry, including the treatment of foreign labour in Malaysia.
10-03-2023
Palm oil expected to trade between RM4k to RM5k until August
08/03/2023 (Free Malaysia Today), Kuala Lumpur - Malaysian palm oil is expected to trade between RM4,000 and RM5,000 per tonne from now until August as Indonesia’s ambitious biodiesel mandate will keep stocks tight in the first half of 2023, industry analyst Dorab Mistry said today.
10-03-2023
Indonesia's biodiesel policy, dry weather to keep palm oil prices elevated
09/03/2023 (Reuters), Kuala Lumpur - Indonesia's biodiesel policy and the likely emergence of the El Nino weather pattern could further strain global inventories of the most used cooking oil, lifting prices later this year, leading industry officials and analysts said at a conference.
10-03-2023
Palm oil snaps three-day decline, MPOB data in focus
09/03/2023(Business Recorder) - Malaysian palm oil futures reversed early losses on Thursday, snapping a three-day decline as traders shifted their focus to the upcoming palm oil board data, after a highly-anticipated conference in Kuala Lumpur did not indicate a clear price trend.