Archived News
15-04-2021
Malaysia replaces Indonesia as largest palm oil seller to India
Malaysia has replaced Indonesia as the largest palm oil exporter to India for the first time due to a widening tax difference between the world's two biggest palm oil suppliers
15-04-2021
Palm unchanged on anticipation of higher production and exports
Malaysian palm oil futures were unchanged on Wednesday, as speculation over rising production and stronger exports pulled prices in both directions in a volatile day of trade.
15-04-2021
Palm oil neutral in 3,659-3,761 ringgit range
Palm oil looks neutral in a range of 3,659-3,761 ringgit per tonne, and an escape could suggest a direction
15-04-2021
Palm reverses early gains on higher output, container shortage
Malaysian palm oil futures reversed early gains on Wednesday, pressured by rising production and as the global container crisis disrupted shipments.
15-04-2021
Belgium leads way in banning soy and palm oil biofuels
Belgium is set to ban biofuels made from soy and palm oil from next year over concerns about deforestation
15-04-2021
CPO futures close mostly higher
Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher, amid concerns over higher production and higher exports moving forward, a dealer said.
14-04-2021
Belgium bans biofuels made from palm oil, soy
Belgium will ban biofuels made from soy and palm oil from 2022 onward as part of its effort to combat deforestation, said the European nation’s Federal Minister of Environment and Climate Zakia Khattabi on Tuesday.
14-04-2021
Palm oil inventory to rebound on higher production
MALAYSIA’S palm oil inventories are expected to show further improvement after rising to their highest level in four months as production rallied the most since 2015.
14-04-2021
Palm oil jumps 2pc
KUALA LUMPUR: Malaysian palm oil futures climbed 2% on Tuesday, snapping a three-day decline, as stronger rival soyaoil and crude outweighed bearish Malaysian Palm Oil Board data.
14-04-2021
Subsidised cooking oil quota of 60,000 tonnes per month remains – Nanta
PUTRAJAYA – The government is still maintaining a subsidised cooking oil quota of 60,000 tonnes per month despite the increase in the price of refined, bleached and deodorised (RBD) palm oil, says Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Seri Alexander Nanta Linggi (picture).
14-04-2021
Palm oil may test support at 3,597 ringgit
SINGAPORE: Palm oil may test a support at 3,597 ringgit per tonne, a break below which could cause a fall to 3,544 ringgit.
14-04-2021
LIVE FORECASTS - First USDA estimates for 2021-22 Malaysia palm oil production
The US Department of Agriculture’s Kuala Lumpur bureau issued it first estimates for palm oil output in the world’s second largest producing country for the 2021-22 season.