Archived News

30/05/2022 (Antara News), Jakarta - Agriculture and Crop Research Organization's Agroindustry Research Center at the National Research and Innovation Agency (BRIN) created a coating solution to maintain freshness and increase shelf life of fruits by utilizing palm oil derivative products.

30/05/2022 (Business Recorder), Singapore - Palm oil may seek a support around 6,220 ringgit per tonne, as suggested by a retracement analysis.

30/05/2022 (The Malay Mail) - TH Plantations Bhd (THP) boosted its net profit by 44 per cent to RM21.59 million for the first quarter ended March 31, 2022, from RM14.97 million a year earlier on higher revenue from its oil palm plantations.

30/05/2022 (Hellenic Shipping News) - India’s complete tax waiver on annual imports of 2 million mt each of crude sunflower and soybean oil may pressure palm oil imports, but the impact on the world’s largest vegetable oil buyer will be visible only after June, market sources have told S&P Global Commodity Insights.

JAKARTA: Indonesia will allocate about 1 million tonnes of palm oil for export, prioritising companies that have been registered for the government's bulk cooking oil programme, a senior trade ministry official said on Friday.

KUALA LUMPUR, May 28 (Reuters): Leading edible oil analyst Dorab Mistry earlier has urged Indonesia to immediately resume exports of palm oil, warning that a halt in shipments pending details of a domestic sales rule could spell economic "doom" for farmers.

MALAYSIA may currently be in a sweet spot as it enjoys high prices of commodities such as crude and palm oil, but for how long can these good prices last?

THE crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade on an upward trajectory in anticipation of weaker output, a dealer said.

KUALA LUMPUR (May 27): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Friday ahead of a potential announcement by the Indonesian government with regard to palm oil exports.

KUALA LUMPUR: For over a century, the plantation industry has remained a crucial component of Malaysia's economy with a sustained dominance in the global market for palm oil production and exports after Indonesia.

LETTERS: Things have not looked this rosy for the oil palm industry in a long time. Crude palm oil prices are at a five-year high, averaging RM4,465 per metric tonne (pmt) for the first quarter of this year, a 40 per cent increase year on year (yoy) compared with RM3,185 pmt previously.

Leading edible oil analyst Dorab Ministry on Thursday urged Indonesia to immediately resume exports of palm oil, warning that a halt in shipments pending details of a domestic sales rule could spell economic “doom” for farmers.