Archived News

One of the most inglorious aspects of the PH government was the unquestioning campaign on behalf of Malaysia’s internationally criticised palm oil industry by the former primary industries minister Teresa Kok

Malaysian palm oil companies should export crude palm oil (CPO) to India to allow the Indian refining industry to prosper, according to a veteran industry analyst.

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, buoyed by expectations of lower production in the coming weeks

KUALA LUMPUR (Jan 7): Crude palm oil’s price discount to soybean oil is expected to narrow this year and continue on an annual basis, said Oil World editor and CEO Thomas Mielke.

KUALA LUMPUR, Jan 7 — Demand for Malaysian palm oil in Pakistan is expected to peak next month in conjunction with the upcoming Ramadan celebrations, said an industry expert.

KUALA LUMPUR: The palm oil industry outlook is expected to be rosier this year with business resumption, improved production by producers and higher consumption in traditional markets, a plantation expert said.

KUALA LUMPUR (Jan 7): The Indonesian Palm Oil Association (GAPKI) said on Thursday, it would ask the government to reformulate its biodiesel blending rates or revise the export levy if palm oil prices maintain their meteoric rise.

KUALA LUMPUR (Jan 7): Oil World editor and chief executive officer (CEO) Thomas Mielke predicted today that annual growth in oil palm output will slow in the years ahead due to a confluence of factors, including a lack of replanting and lower yields.

Weather disruption and labour shortages mean global palm oil production is unlikely to stay on trend to hit growth projections of more than 6 million tonnes this year, a leading sector analyst told a virtual conference.

KUALA LUMPUR, Jan 7 - Malaysian palm oil futures eased on Thursday as traders booked profit after the edible oil approached a 10-year high in the previous session, though tepid outlook about global supply limited losses.

KUALA LUMPUR (Jan 7): In a year of two halves seen for crude palm oil (CPO) prices, Godrej International Ltd director Dorab Mistry predicted today Malaysia CPO prices may fall dramatically in the second half of 2021 (2H21) in anticipation of higher oil palm output after an expected stronger prices for CPO in 1H21.

KUALA LUMPUR (Jan 7): UOB Kay Hian has raised its crude palm oil (CPO) average selling price (ASP) forecast for 2021 to RM3,000 per tonne, from RM2,600 per tonne, as the current price has increased more than expected.