Archived News
09-01-2024
No excuse for local firms to manipulate no palm oil labelling rule
08/01/2024 (New Straits Times) - AFTER the catastrophic conflict in Gaza, the whole world has been calling for all kinds of boycotts of products.
09-01-2024
Johari tasks MPOB to be global benchmark in research related to palm oil
08/01/2024 (New Straits Times), Kuala Lumpur - Plantation Industries and Commodities Minister Datuk Seri Johari Abdul Ghani said the Malaysian Palm Oil Board (MPOB) should be the global benchmark in all research from the upstream sector to the downstream sector related to palm oil.
09-01-2024
Ghee and edible oil prices slide downward in December
08/01/2024 (Samaa TV) - In a welcome turn of events for consumers across the country, the latest data released by the Pakistan Bureau of Statistics revealed a noteworthy decrease in the prices of essential kitchen staples, particularly ghee and edible oils, during December 2023.
09-01-2024
VEGOILS-Palm edges up on support from rival oils, bargain buyers
08/01/2024 (Nasdaq), Jakarta - Malaysian palm oil futures rose on Monday for a third straight session, supported by gains in rival Dalian and Chicago soyoil and as bargain buyers entered the market.
09-01-2024
FMCG sales likely to have remained slow in December quarter; festive season fails to add much cheer
08/01/2024 (The Week) - Over the last few quarters, fast-moving consumer goods (FMCG) companies have been grappling with slow sales, especially in rural markets. The latest commentary from various FMCG firms suggests no major pickup in the October-December quarter too, with the festive season failing to bring much good news.
09-01-2024
Johari tasks MPOB to be global benchmark in research related to palm oil
08/01/2024 (New Straits Times), Kuala Lumpur - Plantation Industries and Commodities Minister Datuk Seri Johari Abdul Ghani said the Malaysian Palm Oil Board (MPOB) should be the global benchmark in all research from the upstream sector to the downstream sector related to palm oil.
08-01-2024
CPO futures end higher on stronger soybean oil prices
07/01/2024 (New Straits Times), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher Friday on stronger soybean oil prices as well as ongoing concern over lower production.
08-01-2024
Global food prices eased 10pc in 2023, says Food and Agriculture Organisation
07/01/2024 (Dawn) - The UN Food and Agriculture Organisation (FAO) reported on Friday that its Food Price Index (FFPI) concluded the year over 10 per cent below its December 2022 level.
08-01-2024
Palm oil gains on expectations of supply cuts
05/01/2024 (Hellenic Shipping News) - Malaysian palm oil futures rose for a second consecutive session on Friday as investors assessed the prospects of production cuts in Malaysia.
08-01-2024
Five years on, the tide has now turned
07/01/2024 (Borneo Post Online) - FIVE years have passed since we first visited Rumah Morgan. Lots of things have happened during the past five years, from the unexpected change of federal government and the subsequent political turmoil, to the sweeping pandemic that compelled lockdowns across the globe.
05-01-2024
Mixed prospects for plantation sector
05/01/2024 (The Star Online), Petaling Jaya - Analysts are maintaining a “neutral” stance on the plantation sector, citing the absence of clear catalysts and a landscape of mixed prospects.
05-01-2024
Indonesia Confident About Winning EU Lawsuit on Palm Oil Biofuel
04/01/2024 (Jakarta Globe), Jakarta - World’s largest palm oil producer Indonesia is confident about winning its biofuel lawsuit against the European Union (EU) while saying that the ongoing dispute will not affect the negotiations on the long-awaited trade pact with the 27-membered bloc.