Archived News

30/07/2022 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is projected to extend its uptrend next week after a three-day winning streak on optimism over the outlook for oil and vegetable oils.

29/07/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rose to a three-week high on Friday as rising prices of oil and competing vegetable oils boosted demand.

29/07/2022 (Free Malaysia Today) - Malaysia is ready to assist Indonesia in dealing with its high palm oil inventories, said plantation industries and commodities minister Zuraida Kamaruddin.

31/07/2022 (The Star Online), Alor Gajah - Negotiations are being held with palm oil industry players to devise the best formula to quickly reduce supply prices.

31/07/2022 (New Straits Times), Kuala Lumpur - The government needs to allocate more funding under Budget 2023 for a more concerted effort towards environmental preservation.

KUALA LUMPUR (July 28): The Indian Vegetable Oil Producers’ Association (IVPA) estimated India’s palm oil imports from Malaysia to remain stable in the second half of the year (2H22), making up about 55% of the country’s total palm oil imports despite Indonesia’s move to accelerate palm oil exports.

KUALA LUMPUR: The Plantation Industries and Commodities Ministry has launched a campaign to correct bias and misinformation, and to counter anti-palm oil narratives by the West.

JAKARTA, July 28 (Xinhua): China's pledge to increase crude palm oil (CPO) imports from Indonesia would significantly help boost the latter's export values and raise the price of fresh fruit bunches (FFB), Indonesia's coordinating minister for maritime affairs and investment said on Wednesday.

To improve acceptance of Malaysian palm oil among Indian consumers The Indian Vegetable Oil Producers’ Association (IVPA) and the Malaysian Palm Oil Council (MPOC) have signed a memorandum of understanding (MoU) to further cooperation between the two organisations to promote the use of palm oil.

MIRI (July 28): Dayak Oil Palm Planters Association (Doppa) is worried that smallholders may be duped into purchasing inferior quality seedlings by some unscrupulous nurseries profiteering from the high demand.

SINGAPORE: Palm oil may test a resistance of 4,085 ringgit per tonne, a break above which could lead to a gain to 4,269 ringgit.

Malaysian palm oil futures posted gains for a third straight session on Thursday as soy oil climbed on concerns over tight soybean harvest and market participants resumed bargain-hunting.