Archived News
27-10-2021
CPO futures end higher on Oct 26, benchmark month hits RM5,012 per tonne
KUALA LUMPUR (Oct 26): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, as concerns over weaker output continued to lift sentiment in the near term.
27-10-2021
Palm oil to revisit 4,816 ringgit, bearish engulfing gloomy
SINGAPORE: Palm oil may revisit its Oct. 22 low of 4,816 ringgit per tonne, as the bounce from this level is ending.
26-10-2021
Palm oil facing a supply crunch
KUALA LUMPUR: Palm oil production in Malaysia is on course for its weakest showing in five years as planters grapple with the worst-ever labour shortage, and the low yields are likely to last through March.
26-10-2021
MPIC continues to monitor anti-palm oil campaign, says minister
KUALA LUMPUR (Oct 25): The Ministry of Plantation Industries and Commodities (MPIC) has continued to take the anti-palm oil campaign in the West seriously and is constantly monitoring the legal developments that could have a negative impact on the Malaysian palm oil industry.
26-10-2021
Cepatwawasan’s 3Q net profit more than doubles to RM11.62m on higher palm oil prices
KUALA LUMPUR (Oct 25): Cepatwawasan Group Bhd’s net profit for the third quarter ended Sept 30, 2021 more than doubled to RM11.62 million from RM5.35 million a year ago, underpinned by higher palm oil prices.
26-10-2021
Oil palm plantations in dire need of workers
KOTA KINABALU: An acute foreign labour shortage in Sabah's oil palm plantations has led to planters seeking government intervention to reopen borders to get their workers back.
26-10-2021
CPO futures rebound on tight supply
KUALA LUMPUR (Oct 25): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on tightened inventories and limited capacity for exports, says a dealer.
26-10-2021
Palm oil to end bounce below 5,048 ringgit, correction incomplete
SINGAPORE: Palm oil may end its bounce below a resistance at 5,048 ringgit per tonne and resume the drop from the Oct. 21 high of 5,220 ringgit.
26-10-2021
MPIC plans to use big data analytics to streamline commodity sectors
KUALA LUMPUR (Oct 25): The Ministry of Plantation Industries and Commodities (MPIC) is coordinating vital data of the industries under it by utilising big data analytics to maximise the country’s resources.
25-10-2021
Palm oil to end bounce below 5,048 ringgit, correction incomplete
Palm oil may end its bounce below a resistance at 5,048 ringgit per tonne and resume the drop from the Oct. 21 high of 5,220 ringgit.
25-10-2021
Palm rebounds on tight supply concerns, rival oil strength
Malaysian palm oil futures rebounded on Monday as rainy season disrupted production of the versatile vegetable oil, with strength in rival oils supporting the market.
25-10-2021
The World’s Most Consumed Edible Oil Is Facing a Supply Crunch
Palm oil production in Malaysia is on course for its weakest showing in five years as planters grapple with the worst-ever labor shortage in the second-biggest grower, and the low yields are likely to last through March.