Archived News

18/08/2022 (The Edge Markets) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed marginally higher on Wednesday (Aug 17), in line with gains in soybean oil prices, a dealer said.

17/08/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures ended higher on Tuesday as the ringgit hit its lowest in five-and-a-half years, making the vegetable oil cheaper for buyers holding other currencies.

17/08/2022 (The Star Online) - Kuala Lumpur Kepong Bhd (KLK) expects weaker palm oil prices, supply chain disruptions and inflationary pressures from higher priced fuels, fertilisers and agrochemicals to impact its plantation and manufacturing segments in the fourth quarter (4Q) after posting strong 3Q financial results.

17/08/20222 (New Straits Times) - Kuala Lumpur Kepong Bhd's (KLK) net profit decreased 28.8 per cent to RM558.27 million in the third quarter (Q3) ended June 30, 2022 from the RM783.94 million recorded in the same quarter a year ago.

17/08/2022 (The Edge Markets), Kuala Lumpur - Bursa Malaysia extended Tuesday’s gains to open higher on Wednesday (Aug 17), driven by continued buying interest in selected heavyweights, amid cautious sentiment in regional markets, dealers said.

18/08/2022 (The Star Online), Petaling Jaya - Palm oil climbed for a second straight day as a gain in rival soybean oil prices boosted the tropical oil’s appeal.

18/08/2022 (The Edge Market), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) has concluded its Palm Oil Trade Fairs and Seminar (POTS) in the Philippines (POTS Philippines 2022) on Wednesday (Aug 17).

18/08/2022 (The Edge Markets) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed marginally higher on Wednesday (Aug 17), in line with gains in soybean oil prices, a dealer said.

17/08/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures ended higher on Tuesday as the ringgit hit its lowest in five-and-a-half years, making the vegetable oil cheaper for buyers holding other currencies.

17/08/2022 (The Star Online) - Kuala Lumpur Kepong Bhd (KLK) expects weaker palm oil prices, supply chain disruptions and inflationary pressures from higher priced fuels, fertilisers and agrochemicals to impact its plantation and manufacturing segments in the fourth quarter (4Q) after posting strong 3Q financial results.

17/08/20222 (New Straits Times) - Kuala Lumpur Kepong Bhd's (KLK) net profit decreased 28.8 per cent to RM558.27 million in the third quarter (Q3) ended June 30, 2022 from the RM783.94 million recorded in the same quarter a year ago.

16/08/2022 (Mongabay), Jakarta - Smallholder farmers in Sumatra who cultivate oil palms are more likely to expand their farms into carbon-rich peat forests the closer they are to roads and palm oil mills, a new study finds.