Archived News
10-01-2022
Govt to adopt two-pronged strategy to strengthen Malaysian palm product export market, says minister
ALOR GAJAH, Jan 9 — The government will adopt a two-pronged strategic approach in strengthening the palm oil export market in the Asian region as well as addressing the issue of anti-palm oil campaign sentiment by the European Union (EU).
10-01-2022
Plantation sector needs more foreign workers
PLANTATION industry needs more than 32,000 foreign workers to boost palm oil production, say industry players.
10-01-2022
Spreading The Word On Msia’s Golden Crop
THE drive to promote the nation’s golden crop continues with the Malaysian Palm Oil Full of Goodness campaign to propagate the product’s healthfulness and versatility.
10-01-2022
CPO futures end marginally higher
KUALA LUMPUR (Jan 7): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended marginally higher today on the strength in the soybean oil market as well as expectations of weak output.
10-01-2022
Highest ever vegetable oil prices risk even faster inflation
(Jan 7): More bad weather for the world’s oilseed growers is pushing rapeseed and canola prices to fresh records and adding to food-inflation worries.
10-01-2022
Palm oil may rise to 5,094 ringgit and then reverse
SINGAPORE: Palm oil may rise to 5,094 ringgit per tonne, as it has cleared a resistance at 5,001 ringgit.
10-01-2022
Bursa Malaysia opens slightly higher but retreated thereafter
KUALA LUMPUR, Jan 10 — Bursa Malaysia opened slightly higher but retreated thereafter as mild profit-taking emerged in selected heavyweights following recent gains, dealers said.
08-01-2022
Malaysia to aid Indonesia clear palm oil inventories
29/07/2022 (Free Malaysia Today) - Malaysia is ready to assist Indonesia in dealing with its high palm oil inventories, said plantation industries and commodities minister Zuraida Kamaruddin.
07-01-2022
Palm oil sector to keep positive performance
PUTRAJAYA: The palm oil industry, being the fourth largest contributor to the economy, is expected to maintain its 2021 performance in 2022 backed by various marketing and promotional efforts to be conducted by the Ministry of Plantation Industries and Commodities and its agencies.
07-01-2022
Malaysia lays out plans to strengthen palm oil market
Malaysia's palm oil council (MPOC) will focus on expanding into developing markets, cultivating downstream manufacturing demand and promoting regional acceptance of its homegrown sustainability certification in 2022.
07-01-2022
VEGOILS Palm ends four-day rally, weak output expectations limit losses
KUALA LUMPUR, Jan 6 (Reuters) - Malaysian palm oil futures ended 1% lower on Thursday after rising for four days, though expectations for lower inventories and weak output limited losses.
07-01-2022
Palm oil industry to benefit from positive demand supply fundamentals in 2022
MALAYSIA’S palm oil industry is expected to have a good year with production forecast to increase by 30% to 20 million tonnes in 2022.