Archived News

08/04/2024 (The Business Times) - THE benchmark active Malaysian crude palm oil futures contract broke out of a mid-term parabolic bowl accumulation pattern in the middle of March this year, a technical pattern that had been forming since July 2023.

07/04/2024 (Business Recorder), Jakarta - Malaysian palm oil futures closed lower on Friday but posted weekly gains, while market participants awaited March inventory data from the Malaysian Palm Oil Board (MPOB).

07/04/2024 (The Star), Kota Bharu - The Kelantan Ministry of Domestic Trade and Cost of Living has found a slight decrease in the supply of cooking oil in the market due to the strong demand ahead of the Hari Raya celebration.

05/04/2024 (Just Food) - Rising international prices of vegetable oils, dairy products and meat pushed the index towards its first increase in seven months, the FAO said.

05/04/2024 (Reuters), Bengaluru - India's Adani Wilmar forecast double-digit percentage growth in fourth-quarter edible oil sales on Friday, driven by strong demand during the festive season in the world's biggest importer.

07/04/2024 (Malay Mail), Sungai Petani - The Kedah Ministry of Domestic Trade and Cost of Living (KPDN) has received 10 complaints regarding the supply of cooking oil for the period between March 12 and today (April 7).

03/04/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued its rally on Wednesday to close above RM4,400 a tonne following a surge in crude oil prices, said a dealer.

04/04/2024 (New Straits Times), George Town - The Agriculture and Food Security Ministry has been told to publish the locations where the people can easily purchase local white rice and packet cooking oil.

04/04/2024 (The Sun), Petaling Jaya - Malaysia’s biofuel feedstock supplier, FatHopes Energy, is collaborating with Selangor FC in a bid to promote the recycling of used cooking oil throughout the month of Ramadan.

04/04/2024 (The Star), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) has urged palm oil industry players to grasp the golden opportunity to export palm tocotrienol products to China after obtaining the approval to register the product in the republic recently.

04/04/2024 (ESM) - In 2023, private labels accounted for 38.5% of the European grocery market and continued to remain responsive to consumer demand for quality products.

03/04/2024 (New Straits Times), Kuala Lumpur - The Ministry of Agriculture and Commodities (KPK) will collaborate with the Ministry of Science, Technology and Innovation (MOSTI) to promote various innovations, automation, and mechanisation in the country's palm oil industry.