Archived News
09-08-2022
Weak ringgit has its strengths
08/09/2022 (The Star Online) - A weaker ringgit is not the main determining factor of export competitiveness and it does not always work in favour of export-oriented industries.
09-08-2022
CPO futures close higher on Aug 8, tracking soybean oil gains on CBOT
09/08/2022 (The Edge Markets) - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday (Aug 8), tracking gains on the Chicago Board of Trade (CBOT), a dealer said.
09-08-2022
Kulim set plans to construct palm-fibre oil extraction plant in Johor
08/08/2022 (New Straits Times), Kuala Lumpur - Kulim (Malaysia) Bhd (KULIM), through its plantation subsidiary, Mahamurni Plantations Sdn Bhd (MPSB), will build its palm-fibre oil extraction (PFOE) plant in Sedenak palm oil mill in Johor.
09-08-2022
Palm climbs nearly 5% as rival oils strengthen
08/08/2022 (Hellenic Shipping News) - Malaysian palm oil futures jumped 4.9% on Monday, erasing some sharp losses recorded last week, as markets tracked gains in rival Dalian and Chicago oils.
09-08-2022
Cooking oil: 17% of traders selling below maximum price
08/08/2022 (The Sun Daily), Kuala Lumpur - The majority of traders are complying with the maximum price set for palm cooking oil in bottles with 17 per cent of them selling it below the maximum price, according to the chairman of the Special Task Force on Jihad Against Inflation Tan Sri Annuar Musa.
09-08-2022
Slow sale for 5kg bottles of cooking oil
08/08/2022 (New Straits Times), Kuala Lumpur - Supermarkets in the Klang Valley have begun enforcing the ceiling price of RM34.70 for 5kg bottled cooking oil.
09-08-2022
Six of seven KK marts comply with new cooking oil ceiling price
08/08/2022 (The Star Online), Kota Kinabalu - Six of seven premises in the city here have complied with the government's new ceiling price for cooking oil that came into effect Monday (Aug 8).
09-08-2022
Zuraida wants Margma to develop MSPO-like certification for rubber gloves industry
08/08/2022 (The Edge Markets), Kuala Lumpur - Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin wants the Malaysian Rubber Glove Manufacturers Association (Margma) to develop a certification for the rubber gloves industry to combat forced labour in the industry.
09-08-2022
Two local men held for divertng 30,000 litres of diesel
08/08/2022 (The Sun Daily), Kota Bharu - Two local men aged 39 and 41 have been detained for the suspected misappropriation of about 30,000 litres of diesel using a palm oil tanker in Kuala Krai at 7 pm, yesterday.
08-08-2022
CPO futures likely to see profit-taking activities next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend lower next week on profit-taking activities.
08-08-2022
CPO futures close higher, tracking soybean oil gains on CBOT
KUALA LUMPUR (Aug 5): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday, tracking gains on the Chicago Board of Trade (CBOT), a dealer said.
08-08-2022
China’s soy crushing rates hit year-to-date low in August as negative margins force run cuts
The operating rate at soybean crushing plants in China slumped to a year-to-date low of 53.5% at the start of August amid prolonged negative crush margins and replacement margins, prompting crushers to reduce soybean purchases and cut operating rates at plants, leading to a fall in soybean prices, market sources said Aug. 5