Archived News

Jakarta (ANTARA) - Energy and Mineral Resources Minister Arifin Tasrif has said that his ministry is currently preparing a strategic plan for developing Biodiesel 40 (B40), which contains 40 percent biofuel and 60 percent diesel.

MUMBAI: India’s rapeseed and mustard output is likely to jump 16% to a record high in 2021/22 on conducive weather and as record high prices prompted farmers to expand area under the winter-sown oilseed, industry officials told Reuters.

KUALA LUMPUR (Nov 29): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mixed on Monday on the expectation of stronger exports.

KUALA LUMPUR: Malaysian palm oil futures ended slightly higher on Monday as crude and global markets rebounded from a tumble stoked by the discovery of a new coronavirus variant last week, although concerns over renewed lockdowns kept prices in check.

The CME Group’s farm markets closed the day weaker than they started, driven lower by a sell-off.

KUALA LUMPUR: Malaysia's trade expanded 26.5 per cent to RM202.61 billion last month compared to October 2020, breaching RM200 billion mark for the first time and was the ninth consecutive month of double-digit growth since February 2021.

Malaysian palm oil futures fell over 1% lower on Friday and logged a weekly slump, dragged by weak crude and rival Dalian prices.

KUALA LUMPUR, Nov 29 (Reuters) - Malaysian palm oil futures tracked rival edible oils and crude higher on Monday, as global markets recovered from a sell-off stoked by the discovery of the Omicron coronavirus variant last week.

SINGAPORE: Palm oil may revisit its Nov. 9 low of 4,706 ringgit per tonne, driven by a wave c.

KUALA LUMPUR: Malaysian palm oil futures fell over 1% lower on Friday and logged a weekly slump, dragged by weak crude and rival Dalian prices. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange closed down 76 ringgit, or 1.54%, to 4,851 ringgit ($1,144.91) a tonne.

KUALA LUMPUR (Nov 26): Sarawak Oil Palms Bhd’s (SOPB) net profit for the third quarter (3Q) ended Sept 30, 2021 soared 70% to RM125.48 million against RM73.83 million in the same quarter a year ago.

KUALA LUMPUR (Nov 26): Plantation company Negri Sembilan Oil Palms Bhd (NSOP) is paying out RM2.81 million or 4 sen per share in special dividend to its shareholders after its net profit surged 425% year-on-year to RM7.35 million in the third quarter of 2021.