Archived News

05/05/2022 (The Straits Times), Kuala Lumpur - RHB Investment Bank Bhd (RHB Research) anticipate Sarawak Oil Palms Bhd (SOPB) to record another good set of results for the first quarter (Q1) 2022, given the current high-priced environment for crude palm oil (CPO).

08/05/2022 (Arab News), Riyadh - Chicago corn and soybean futures slid on Friday as rising interest rates and currency pressures weighed on US exports and forecasts of warm, dry weather opened a window for Midwestern farmers to get their crops planted.

08/05/2022 (Daily Trust) - The Federal Ministry of Agriculture and Rural Development (FMARD), in collaboration with the Nigerian Institute for Oil Palm Research (NIFOR), has trained oil palm farmers on pest and soil fertility management in Edo.

07/05/2022 (Antara News), Jakarta - The government should absorb palm products from small farmers, as the price of palm Fresh Fruit Bunches (FFB) decreased after the export ban was imposed, according to the House of Representatives' (DPR's) Commission VII member, Mulyanto.

PETALING JAYA: The current high price of crude palm oil (CPO), while bringing higher revenue for the country, has a downside to it.

Palm oil retreated from a record high on optimism that Malaysian output will rebound, while the market is also on the lookout for signs that Indonesia will ease its controversial export ban.

PARIS:Indonesia's ban on palm oil products does not raise concern for the supply of the European Union market as the bloc has reserves for several weeks, EU vegetable oil group FEDIOL said on Tuesday.

KUALA LUMPUR (May 5): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Thursday — the first trading day after a long holiday break — tracking the weakness in the Chicago soybean oil market, a dealer said.

KUALA LUMPUR: Top fund manager Permodalan Nasional Bhd (PNB) has been engaging with Sime Darby Plantation Bhdhttps://cdn.thestar.com.my/Themes/img/chart.png on the steps taken by the world’s largest oil palm planter to solve its ongoing labour issues.

Edible oil prices see the biggest increase in Bangladesh's history as the government moves to put an end to the unprecedented crunch of the essential cooking item.

28/04/2022 (The Sun Daily), Petaling Jaya - The subsidy provided by the government for palm oil-based cooking oil will have to be increased due to the decision by Indonesia to ban the export of palm oil.

28/04/2022 (Hindustan Times) - Indonesia President Joko Widodo's drastic measures to control food prices by banning palm oil exports have come into effect from Thursday. India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Palm oil industry officials in India told news agency Reuters that the ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at ports and oil mills in the world's top producer.