Archived News
07-09-2021
ANALYSIS-To benefit the climate, Indonesia's electric vehicle push needs greener power
KUALA LUMPUR, Sept 7 (Thomson Reuters Foundation) - I ndonesia's electric vehicle drive is likely to overtake its ambitious biodiesel programme within a decade, but will only achieve its aim of helping curb climate change if the country ramps up clean energy investment, environmental researchers say.
07-09-2021
CGS-CIMB: CPO prices to remain at RM3,500-RM4,000 per tonne in Sept
KUALA LUMPUR, Sept 6 — CGS-CIMB foresees crude palm (CPO) prices to remain firm between RM3,500 and RM4,000 per tonne this month.
06-09-2021
Perfect storm of production headwinds plagues Malaysia’s palm oil recovery
IPOH, Sept 5 — In a sprawling oil palm plantation in the Malaysian state of Perak, watermelon seedlings are sprouting from freshly ploughed earth between palm saplings while rented cows graze in overgrown areas of the estate.
06-09-2021
Rats, drought and labour shortages eat into global edible oil recovery
PERAK, Malaysia/SINGAPORE, Sept 5 (Reuters) - In a sprawling oil palm plantation in the Malaysian state of Perak, watermelon seedlings are sprouting from freshly ploughed earth between palm saplings while rented cows graze in overgrown areas of the estate.
06-09-2021
Malaysia’s end-August palm oil stocks soar as output rises, exports fall
Malaysia’s palm oil inventories at the end of August jumped to its highest in over a year as production rebounded amid a steep fall in exports.
06-09-2021
CPO futures likely to experience technical correction next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to experience a technical correction ahead of data to be released by the Malaysian Palm Oil Board (MPOB) next week.
06-09-2021
Palm oil ends higher
SINGAPORE: Malaysian palm oil futures ended higher for a second straight session on Friday, tracking gains in rival oils on the Dalian Commodity Exchange.
06-09-2021
CPO futures continue upward momentum
KUALA LUMPUR (Sept 3): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended yesterday’s gains to close higher today, taking the cue from overnight gains in Chicago Board of Trade (CBOT) soybean oil.
06-09-2021
Soybean oil prices up Tk4 per litre
The commerce ministry and the Bangladesh Trade and Tariff Commission have raised soybean oil prices by Tk4 per litre after analysing prices in the international market.
03-09-2021
Palm oil reverses earlier losses on bargain hunting
Malaysian palm oil futures pared earlier losses and edged higher on Thursday, ending three straight sessions of losses, on bargain hunting amid expectations for improvement in demand.
03-09-2021
Soyabean oil import down 25.53pc, palm oil’s up 23.35pc
The imports of soyabean oil into the country during first month of current financial year decreased by 25.53%, whereas palm oil’s import increased by 23.35% as compared to imports of the corresponding period of last year.
03-09-2021
World food prices jump in August, cereal harvest outlook cut, says FAO
World food prices jumped in August after two consecutive months of decline, pushed up by strong gains for sugar, vegetable oils and some cereals, the United Nations food agency said on Thursday.