Archived News

05/01/2024 (Hellenic Shipping News) - Malaysian palm oil futures rose for a second consecutive session on Friday as investors assessed the prospects of production cuts in Malaysia.

07/01/2024 (Borneo Post Online) - FIVE years have passed since we first visited Rumah Morgan. Lots of things have happened during the past five years, from the unexpected change of federal government and the subsequent political turmoil, to the sweeping pandemic that compelled lockdowns across the globe.

05/01/2024 (The Star Online), Petaling Jaya - Analysts are maintaining a “neutral” stance on the plantation sector, citing the absence of clear catalysts and a landscape of mixed prospects.

04/01/2024 (Jakarta Globe), Jakarta - World’s largest palm oil producer Indonesia is confident about winning its biofuel lawsuit against the European Union (EU) while saying that the ongoing dispute will not affect the negotiations on the long-awaited trade pact with the 27-membered bloc.

04/01/2024 (Malay Mail), Kuala Lumpur - The crude palm oil (CPO) price will likely remain lacklustre in the next few months, possibly until the second quarter of 2024 in the absence of catalysts, said Hong Leong Investment Bank (HLIB) today.

04/01/2024 (Nikkei Asia) - Indonesia recorded domestic sales obligation realization of 3.26 million metric tons in 2023, which translated into 25.2 million tons in export permits, Trade Ministry official Syailendra said on Thursday.

04/01/2024 (Nasdaq), Singapore - Malaysian palm oil futures rose on Thursday, snapping four consecutive sessions of losses, underpinned by a decline in production and firmer crude oil prices.

03/01/2024 (The Edge Malaysia), Mumbai - India's palm oil imports rose in December to their highest in four months, as purchases of refined palm olein surged because of competitive prices, five dealers told Reuters on Wednesday.

03/01/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended another day lower as weaker soybean oil prices continued to weigh on market sentiment.

03/01/2024 (De Montfrort University) - Researchers at De Montfort University Leicester (DMU) have pioneered a new manufacturing process which could make the creation of biofuel from waste cooking oil faster and more efficient.

04/01/2024 (The Star Online), Petaling Jaya - Plantation companies are anticipated to benefit from lower production cost due to weaker fertiliser expenses and higher productivity in 2024 while crude palm oil (CPO) price remains high at about RM3,700 per tonnes for the year.

04/01/2024 (Forest News) - A jurisdictional approach (JA) has the potential to enhance Indonesia’s district and national action plans on palm oil plantation sustainability, according to new research conducted by the Center for International Forestry Research and World Agroforestry (CIFOR-ICRAF) in four districts across Sumatra and Kalimantan. The work also underscores the advantages of involving local governments in spearheading the application of research and development.