Archived News
06-12-2021
Indonesia’s Palm Oil Exports, Production Seen Up Next Year- Gapki
Indonesian production of crude palm oil is expected to improve next year, Togar Sitanggang, the vice chairman of the southeast Asian nation’s palm association (GAPKI) said.
06-12-2021
Bursa lower in early trade
KUALA LUMPUR (Dec 6): The FBM KLCI turned lower after a positive start in line with negative sentiment on Wall Street, given the ongoing worries over the Omicron Covid-19 variant.
06-12-2021
China-Malaysia Ties: Foreign ministers discuss cooperation, sustainable development
The foreign ministers of China and Malaysia met on Saturday, discussing the pandemic, trade and the Belt and Road Initiative.
06-12-2021
Soybeans hit 2-week high on U.S. export demand
CANBERRA — U.S. soybean futures edged higher, as strong demand for U.S. supplies pushed prices to a two-week high.
06-12-2021
Four countries set to join CPOPC as full members in May, says executive director
JAKARTA (Dec 5): Colombia, Ghana, Honduras, and Papua New Guinea are set to become full members of the Council of Palm Oil Producing Countries (CPOPC) by May next year amid growing claims that palm oil negatively impacts the environment.
03-12-2021
Top buyer India to favour Malaysian palm oil
JAKARTA: India is likely to buy more Malaysian palm oil after export levies imposed by top producer Indonesia hit record highs in the past year, B V Mehta, executive director of India’s Solvent Extractors’ Association, said yesterday.
03-12-2021
Malaysian palm oil production to recover only by May next year — analyst Mistry
JAKARTA (Dec 2): Malaysia's palm oil production is only expected to recover after the Muslim fasting month of Ramadan, or by May next year, leading analyst Dorab Mistry told a virtual conference on Thursday.
03-12-2021
Global palm oil supply won't reach pre-pandemic levels next year — analyst Fry
JAKARTA (Dec 2): The global supply of palm oil will see only "minimal growth" in the 2019-2022 period, due to production issues caused by unfavourable weather and labour disruption in Malaysia, leading analyst James Fry said on Thursday.
03-12-2021
World’s top buyer India trims palm oil imports to make space for soft oils
Indian refiners have been reducing palm oil purchases and raising soybean oil and sunflower oil imports after a steep rally in the tropical oil reduced its discount to rivals, industry officials told Reuters.
03-12-2021
Indonesia's palm oil exports, production seen up next year – GAPKI
03-12-2021
Global Vegoil Production Seen Recovering By 1.5 Mln T In Coming Season- Analyst Mielke
JAKARTA, Dec 2 (Reuters) - Global vegetable oil production is forecasted to recover by 1.5 million tonnes in the upcoming 2021/2022 season, leading oils analyst Thomas Mielke said on Thursday.
02-12-2021
World's Top Buyer India Trims Palm Oil Imports To Make Space For Soft Oils
MUMBAI, Dec 1 (Reuters) - Indian refiners have been reducing palm oil purchases and raising soybean oil and sunflower oil imports after a steep rally in the tropical oil reduced its discount to rivals, industry officials told Reuters.