Archived News
29-09-2021
Palm reverses losses on costlier crude oil, up over 1%
Malaysian palm oil futures reversed losses and rose over 1% on Tuesday, as crude oil climbed higher for a sixth session and as rival oils came off earlier lows.
29-09-2021
Indonesia Sets Oct Cpo Reference Price At $1,196.6/Tonne –Document
JAKARTA, Sept 28 (Reuters) - The world's top palm oil exporter Indonesia has set its crude palm oil reference price for October at $1,196.6 per tonne, according to a Trade Ministry document released on Tuesday.
29-09-2021
Funds’ grain and oilseed optimism sinks below year-ago levels
Speculators have been bullish toward Chicago-traded grains and oilseeds since August 2020, but they are now less optimistic than a year ago, which marked the early stages of the recent rally.
29-09-2021
FGV: No plan for oil palm processing unit in India
FGV Holdings Bhd stated that it has no plan of setting up an oil palm processing unit in India but did not rule out the possibility that its local partner there may do so.
29-09-2021
VEGOILS-Palm extends fall on cheaper rivals, higher output
SINGAPORE, Sept 28 - Malaysian palm oil futures fell for a third straight session on Tuesday, tracking weakness in rival Dalian and Chicago Board of Trade oils and on improving production.
29-09-2021
Palm falls for third day on weaker rivals, higher output
SINGAPORE: Malaysian palm oil futures fell for a third straight session on Tuesday, tracking weakness in rival oils and on improving production, although higher crude prices limited losses.
28-09-2021
Oil palm farmers urged to increase production
The Oil Palm Industry Corporation (Opic) wants its 1,897 smallholder farmers to work their blocks for increased production so that they can earn more money to sustain their living.
28-09-2021
Palm reverses course to end lower
Malaysian palm oil futures gave up gains to close 1% lower on Monday as stronger palm production and cheaper rival oils weighed on the prices.
28-09-2021
Thailand And Bangladesh Hope To Sign FTA To Boost Trade
The newly appointed Thai Ambassador to Bangladesh, Makawadee Sumitmore, called for Free Trade Agreement (FTA)between Bangladesh and Thailand to create more business opportunities between the two countries during a courtesy call of the Board of Directors of the Bangladesh Thai Chamber of Commerce and Industry (BTCCI).
28-09-2021
Ministry helps Viet businesses prepare for RCEP
The Ministry of Industry and Trade (MoIT) is collecting comments on a draft circular regarding the Rules of Origin regulations for the Regional Comprehensive Economic Partnership (RCEP).
28-09-2021
Palm reverses course to end lower on higher output, cheaper rivals
Malaysian palm oil futures gave up gains to close 1% lower on Monday as stronger palm production and cheaper rival oils weighed on the prices.
28-09-2021
IOI Corp expects stable FFB production in 2022 on higher production
IOI Corp Bhd expects the fresh fruit bunch (FFB) production to be stable next year as the higher production from young palm trees at its Indonesian plantations offsets the production loss from its accelerated replanting programme in Sabah, according to its group managing director and chief executive officer Datuk Lee Yeow Chor.