Archived News
27-06-2022
Are days of ‘super-high’ CPO prices gone?
24/06/2022 (The Star Online), Petaling Jaya - Commodity prices that stoked inflation are falling fast and this includes crude palm oil (CPO), which saw prices tumble by almost a quarter in less than a month.
27-06-2022
Indonesian palm oil farmers call for removal of local sales rules
25/06/2022 (The Star Online), Jakarta - Indonesian farmers want authorities to scrap a requirement for exporters to sell a portion of their palm oil domestically, a move that should boost shipments and mean mills pay more for fresh fruit bunches (FFBs), a farming official said.
27-06-2022
Indonesian palm oil farmers see a bleak future
25/06/2022 (Free Malaysia Today), Medan - The past few months have been challenging for palm oil farmer Albertus Wawan.
27-06-2022
Continue subsidised cooking oil programme, trade association urges
26/06/2022 (The Star Online), Johor Baru - Continuing the subsidy programme for 2kg, 3kg and 5kg bottled cooking oil will help ease the burden of the high cost of living that Malaysians currently face, says a trade group.
27-06-2022
Humble rice bran becomes hot commodity as India scours for edible oils
26/06/2022 (The Star Online) - Rice bran has become a sought-after commodity in India as the world's biggest importer of vegetable oils tries to overcome an edible oil shortage caused by global supply disruptions.
27-06-2022
Sandakan MMEA seizes 305 packets of subsidised cooking oil in smuggling bust
26/06/2022 (The Star Online), Kota Kinabalu - Authorities found 305 packets of 1kg subsidised cooking oil left behind in a boat in Sandakan waters on Saturday (June 25), believed hidden in an attempt to smuggle them into a neighbouring country.
24-06-2022
CGS-CIMB: CPO price drop was sharper than expected
23/06/2022 (The Edge Markets), Kuala Lumpur - CGS-CIMB Securities Sdn Bhd said on Thursday (June 23, 2022) crude palm oil's (CPO) price decline to below RM5,000 a tonne on Wednesday (June 22, 2022) was sharper than expected, possibly driven by slower global economic growth concerns and as CPO prices tracked price losses of crude oil and rival edible oils, besides taking cue from rising palm oil exports from Indonesia.
24-06-2022
Felcra builds RM3.5m new plant to boost palm oil milk production
23/06/2022 (Malay Mail), Teluk Intan - Felcra Berhad through its subsidiary company, Felcra Processing & Engineering Sdn Bhd (FPESB), has built a RM3.5 million plant that produces palm oil milk or santan with the brand name, Suri.
24-06-2022
CPO futures fall below RM4,500 per tonne
23/06/2022 (New Straits Times) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower for the sixth consecutive day today on subdued demand due to weak market sentiment.
24-06-2022
Fertiliser and worker shortages to curb Malaysian palm oil output
23/06/2022 (The Edge Markets) - A hoped-for recovery in Malaysian palm oil output in the second half of the year is looking unlikely as the world’s second-biggest grower continues to struggle with shortages of fertilisers and workers.
24-06-2022
Indonesian palm oil audit a chance to clean up ‘very dirty’ industry
23/06/2022 (Mongabay) - Activists have welcomed the Indonesian government’s announcement to carry out a nationwide audit of all palm oil companies operating here, in response to a shortage of cooking oil that has wracked the world’s top producer of palm oil.
24-06-2022
Palm oil firm Kulim receives first post-pandemic migrant workers
23/06/2022 (The Star Online), Kulim - Kulim (M) Bhd has received its first "post-pandemic batch" of migrant workers, the palm oil planter said on Thursday, paving the way for more workers to enter Malaysia and help ease a severe labour crunch after bureaucratic hiccups.