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SINGAPORE: Palm oil is expected to retest a resistance at 4,010 ringgit per tonne, a break above which could lead to a gain to 4,132 ringgit.

KUCHING: A group of researchers at the Malaysian Palm Oil Board (MPOB), led by Mohd Ramdhan Mohd Khalid have invented an efficient and cost-effective oil palm loose fruit collecting machine.

KUALA LUMPUR, May 31 - Malaysian palm oil futures fell 2% on Monday, as the world's second largest producer of the edible oil prepared for a two-week nationwide lockdown due to a spike in new coronavirus infections.

CAIRO, May 30 (Reuters) - Egypt has raised the price of subsidised vegetable oils by 23.5% to 21 Egyptian pounds ($1.34) per one litre bottle effective June 1 following a jump in raw material costsglobally, the Supply Ministry said on Sunday.

Sabah, Malaysia’s biggest palm oil-producing State with a total planted area exceeding 1.35 million hectares, is taking the necessary measures to position itself as a global leader in sustainable palm oil production.

TA ANN Holdings Bhd is expected to post strong earnings, driven by economic recovery in its key timber export markets and uptrend in crude palm oil (CPO) prices, which continue to be a boon for its plantation segment.

Malaysian palm oil futures reversed losses incurred in the previous session and jumped over 2% on Friday, as the contract tracked gains in rival soybeans on the Chicago Board of Trade (CBOT).

BOUSTEAD Plantations Bhd recorded a net profit of RM12.26 million in the first quarter ended March 31, 2021 (1Q21), from a net loss of RM9.55 million in 1Q20.

Prices of edible oils such as mustard, vanaspati, soya, palm, sunflower, and groundnut are more than their highest in a decade.

Kamini Visvananthan, human rights and social standards manager for the Roundtable on Sustainable Palm Oil (RSPO), has moved on from the palm oil certifier after almost five years.

Palm oil is expected to bounce more to 4,132 ringgit per tonne, as it has pierced above a resistance at 4,010 ringgit.

Malaysian palm oil futures fell nearly 3% on Thursday as they tracked cheaper rivals on the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange and as market expects an increase in production.