PALM NEWS MALAYSIAN PALM OIL BOARD Sunday, 24 Nov 2024

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MARKET DEVELOPMENT  
  04-03-2024

Edible oil, onion, date prices will fall soon: Titu

02/03/2024 (Business Post Bangladesh) - State Minister for Commerce Ahasanul Islam Titu has said that the retail price of edible oil will be Tk 163 per litre in the retail market soon.

MARKET DEVELOPMENT  
  04-03-2024

Revolutionizing Palm Oil: Empowering Smallholders and Expanding Beyond Crude Production

02/03/2024 (BNN Breaking) - In a bold move to reshape the palm oil industry, efforts are underway to significantly increase the productivity of smallholder farms and diversify the products derived from crude palm oil (CPO). This initiative aims not only to enhance the income of millions of smallholders but also to ensure the sustainability of the palm oil sector.

MARKET DEVELOPMENT  
  04-03-2024

The world's business and finance sectors can do much more to reverse deforestation—here's the data to prove it

03/03/2024 (Phys Org) - Big corporations could drive a worldwide shift towards more sustainable supply chains that limit damage caused by deforestation. But progress is being slowed down by weak or non-existent commitments to ensure that supply chains for commodities such as soy, palm oil, and beef have not contributed to tropical deforestation, according to an analysis recently published by the environmental organization Global Canopy.

MARKET DEVELOPMENT  
  01-03-2024

Palm oil industry can get extra RM20bil yield through circular economy, says Ahmad Shabery

29/02/2024 (The Star Online), Putrajaya - Embracing the circular economy model can yield extra returns of some RM20bil for the palm oil industry, says the Federal Land Development Authority (Felda).

MARKET DEVELOPMENT  
  01-03-2024

Of Ironman and oil palm harvesting technology

29/02/2024 (New Straits Times), Kuala Lumpur - Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani says many people have suggested robotic solutions to harvest fresh fruit bunches (FFB), but there is no such technology capable of doing that.

MARKET DEVELOPMENT  
  01-03-2024

'Palm oil and rubber can boost ringgit'

01/03/2024 (New Straits Times), Kuala Lumpur - Malaysia's commodities notably palm oil and rubber wield significant potential to boost the weak ringgit through the repatriation of export earnings, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

MARKET DEVELOPMENT  
  01-03-2024

MPOC UNVEILS NEW WEBSITE TO ENHANCE ACCESSIBILITY, ENGAGEMENT IN MALAYSIAN PALM OIL INDISTRY

29/02/2024 (Bernama), Kuala Lumpur – The Malaysian Palm Oil Council’s (MPOC) new website, which goes live today, will provide an enhanced digital experience and accessibility to resources and information within the Malaysian palm oil industry.), Kuala Lumpur – The Malaysian Palm Oil Council’s (MPOC) new website, which goes live today, will provide an enhanced digital experience and accessibility to resources and information within the Malaysian palm oil industry.

MARKET DEVELOPMENT  
  01-03-2024

'Govt taking action to tackle spread of sooty mold disease in Sabah oil palm plantations'

29/02/2024 (New Straits Times), Kota Kinabalu - The government is taking necessary measures to counter diseases affecting Sabah palm oil production.

OILS & FATS  
  01-03-2024

Palm ends higher on rival oils while traders await major industry conference

29/02/2024 (XM), Jakarta - Malaysian palm oil futures closed up on Thursday, tracking strength in rival oils, while the market is waiting for leads from a major industry conference due to be held in Kuala Lumpur next week.

MARKET DEVELOPMENT  
  29-02-2024

Palm oil rises for fourth day on stronger rival oils

28/02/2024 (XM), Jakarta -Malaysian palm oil futures extended gains to a fourth straight session on Wednesday, tracking strength in rival vegetable oils, although weak export data limited gains.

OILSEEDS  
  29-02-2024

Palm oil industry loses RM7.9b annually due to worker shortage

28/02/2024 (New Straits Times), Kuala Lumpur - The palm oil industry loses an annual export value of up to RM7.9 billion due to worker shortage, the Dewan Rakyat was told today.

MARKET DEVELOPMENT  
  29-02-2024

Palm oil snaps three days of gains on weak Chicago soyoil, export data

28/02/2024 (XM), Jakarta - Malaysian palm oil futures fell on Wednesday, snapping three sessions of gains, weighed down by softer Chicago soyoil prices and weak export data.