Archived News
18-08-2021
CPO futures ease in anticipation of higher production, stockpiles
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives retreated to end lower today, as traders book profit amid production uncertainty in the coming weeks
18-08-2021
Chinese biodiesel producers chase high-value feedstocks
Chinese biodiesel and feedstock suppliers are diversifying to get more value for their money with ever-evolving European legislation regarding waste feedstock incentives
17-08-2021
Palm oil tracks rise in rival soyaoil
Malaysian palm oil futures rose 1% on Monday after closing at a record high in the previous session, tracking stronger rival soyoil prices, but a plunge in August exports so far capped gains
17-08-2021
Govt plans to top up commodity reserves up to 20pc to offset high local price
The government will build the strategic reserves by importing 10-20 percent of the total consumption of the staple food items and supply into the market to bridge the supply and demand gap, a minister said on Monday.
17-08-2021
Concerns over weak production in coming weeks push CPO futures to end higher
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher due to concerns over weak production in coming weeks, palm oil trader David Ng said.
17-08-2021
CPO price upward trend not sustainable as demand expected to be soft — Thomas Mielke
The current high price of crude palm oil (CPO) may not be sustainable as demand is expected to be soft in the upcoming months, according to ISTA Mielke GmbH (oil world) executive director, Thomas Mielke.
17-08-2021
MPOB, Malaysian Nuclear Agency ink MoU for palm-based research using radiation technology
Malaysian Palm Oil Board (MPOB) and the Malaysian Nuclear Agency, Ministry of Science, Technology and Innovation (MOSTI) today signed a memorandum of understanding (MoU) for cooperation in the implementation of two palm-based research projects using radiation and other potential projects in the future.
17-08-2021
Malaysia's Aug 1-15 palm oil exports fall 21%, says AmSpec Agri
Exports of Malaysian palm oil products for Aug 1-15 fell 21% to 540,853 tonnes
17-08-2021
Palm oil may retest resistance at 4,587 ringgit
Palm oil may retest a resistance at 4,587 ringgit per tonne, a break above which could lead to a gain to 4,698 ringgit.
17-08-2021
India's July palm oil imports plunge 43%, says trade body
India's July palm oil imports plunged 43% from a year earlier to their lowest in five months, a leading trade body said on Monday, as demand was curtailed by prices that rallied to a multi-year high.
17-08-2021
It’s important to talk about sustainable palm oil
Used in everyday items across virtually every fast-moving consumer good (fmcg) category, palm oil can be found in more than half of products on supermarket shelves. It offers multiple benefits over comparable vegetable oils and helps ensure products are available to shoppers with the frequency and quality they demand
16-08-2021
VEGOILS-Palm oil gains more than 1% on supply concerns
Malaysian palm oil futures extended gains on Monday after closing at a record high in the previous session, as concerns of tightening supply underpinned prices