Archived News
01-12-2021
Plantation Industries Ministry to create more smart smallholders, says inister
KUALA LUMPUR, Nov 30 — The Ministry of Plantation Industries and Commodities (MPIC) will produce more smart smallholders by modernising services and increasing the adoption of technology.
01-12-2021
Cargill acquires edible oil refinery in Nellore
Cargill on Tuesday said it is investing $35 million on acquiring and upgrading an edible oil refinery in Nellore in neighbouring Andhra Pradesh.
01-12-2021
Malaysia needs to revisit agri sector
KUALA LUMPUR: There is a need for Malaysia to revisit the agriculture sector as a potential source of employment opportunities and increase capital investment in modernising this sector, said the Department of Statistics Malaysia (DoSM).
01-12-2021
Indonesia prepares strategic plan for developing biodiesel
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.
01-12-2021
India’s rapeseed output may jump on higher area
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.
30-11-2021
CPO futures close mixed on expectation of stronger exports, worries over Omicron
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.
30-11-2021
Palm oil ekes out gains as investors weigh Omicron's impact
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.
30-11-2021
SOYBEAN, WHEAT PRICES FINISH DOUBLE-DIGITS LOWER | MONDAY, NOVEMBER 29, 2021
The CME Group’s farm markets closed the day weaker than they started, driven lower by a sell-off.
30-11-2021
Malaysia's trade beats record highest 2018 in just 10 months of 2021
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.
29-11-2021
Palm oil clocks near 3% weekly loss as crude, Dalian prices weaken
Malaysian palm oil futures fell over 1% lower on Friday and logged a weekly slump, dragged by weak crude and rival Dalian prices.
29-11-2021
VEGOILS-Palm jumps as rival oils, crude rebound from Omicron battering
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.
29-11-2021
Palm oil may revisit low of 4,706 ringgit, downside potential untapped
SINGAPORE: Palm oil may revisit its Nov. 9 low of 4,706 ringgit per tonne, driven by a wave c.