Archived News
11-03-2021
Bursa Malaysia Revamps Crude Palm Kernel Oil Futures Contract
The enhancements aim to create an effective hedging instrument against the physical market and provide an alternative instrument for participants.
11-03-2021
Dekel Agri-Vision sixth consecutive month of double-digit increases in monthly CPO production, sales and prices
Dekel Agri-Vision Plc (LON:DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided a February production update for its 100%-owned Ayenouan palm oil project in Côte d’Ivoire.
11-03-2021
Experts: Inflation rise due to higher commodity prices not so worrisome
China's inflation is likely to pick up in the coming months amid rising global commodity prices and recovering domestic demand, but there is no cause for concern, experts said.
10-03-2021
Ministry targets palm oil, palm oil products’ exports to RM75 bil
THE export value of palm oil and palm oil-based products is targeted to increase to RM75 billion this year from RM73.3 billion in 2020 due to high demand, as economies around the world gradually recover.
10-03-2021
86.4% of Malaysia’s total licensed oil palm planted area MSPO-certified, says MPOB
KUALA LUMPUR (March 9): Up to 86.39% of Malaysia’s total planted area for oil palm has been certified sustainable under the Malaysian Sustainable Palm Oil (MSPO) certification scheme.
10-03-2021
India's palm oil imports may rise to meet rising demand as stocks deplete
MUMBAI (Reuters) - India's palm oil imports are set to rebound in March and April to meet rising demand from hotels and restaurants, as lower shipments last month have depleted stocks, according to industry participants.
10-03-2021
Smart agriculture the way forward for improved productivity
SMART agriculture is the future for Malaysian oil palm plantation via the adoption of new technology to provide a solid foundation for precision agriculture to increase productivity.
10-03-2021
VEGOILS-Palm oil gains for fifth straight day on stronger soyoil, crude
KUALA LUMPUR, March 9 - Malaysian palm oil futures rose for a fifth straight session on Tuesday, tracking gains in crude and soyoil, as adverse weather in South America stoked supply concerns.
10-03-2021
Palm oil may drop into 3,801-3,834 ringgit range
SINGAPORE: Palm oil may drop into a range of 3,801-3,834 ringgit, following its failure to break a resistance at 3,959 ringgit per tonne.
10-03-2021
Eurocham monitoring FGV and Sime Darby Plantation’s ban by US Customs & Border Protection
KUALA LUMPUR (March 9): The EU-Malaysia Chamber of Commerce and Industry (Eurocham) is monitoring the situation when it comes to the US Customs and Border Protection (US CBP)’s Withhold Release Orders (WROs) on palm oil and palm products produced by FGV Holdings Bhd and Sime Darby Plantation Bhd.
10-03-2021
VEGOILS-Palm ends at 10-year high on soy, crude strength
KUALA LUMPUR, March 9 (Reuters) - Malaysian palm oil futures on Tuesday rose for a fifth straight day to close at a 10-year high, as it tracked a rally in crude and soyoil futures.
10-03-2021
After petrol, now edible oil puts kitchen budget on fire, increases upto 60% in a year
New Delhi: Common man, reeling under high inflation is also facing double attack on oil prices --both consumer fuel including petrol and diesel and edible oil.