Archived News
29-03-2021
FBM KLCI to see better days in 2Q21
BURSA Malaysia is expected to see better days in the second quarter of 2021 (2Q21), backed by a global effort to speed up the inoculation drive against the Covid-19 pandemic and Putrajaya’s additional stimulus measures.
29-03-2021
Indonesia’s soybean production drops
Despite the government’s plan to increase soybean production, Indonesia’s projections for the 2021-22 marketing year are down compared to last year, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).
29-03-2021
High prices can push 2021-22 US corn, soybean acreage above initial estimates
US farmers are expected to plant on "every possible piece of soil available" as they aim to bank on record corn and soybean prices in the US, which has the potential to push planting intention estimates for US crops above the US Department of Agriculture's previous projections, various sources told S&P Global Platts.
29-03-2021
RSPO: How oil palm plantations can reduce flood risk
The recent widespread flooding from heavy rainfall which hit the provinces of South and East Kalimantan have caused concern among many, with some environmentalists attributing the disaster to the expansion of oil palm plantations. What is the actual root of the problem? Is it possible for oil palm growers to participate in environmental conservation to reduce potential flood risks? If so, how?
26-03-2021
Indonesia’s end-2021 palm oil stocks seen plunging to 2.7 mln T as demand rises
Palm oil inventories at the world’s biggest grower Indonesia is expected to shrink by almost half to 2.67 million tonnes by the end of 2021 as a rise in demand is seen outpacing production, the Indonesian Palm Oil Association (GAPKI) said on Wednesday.
26-03-2021
The Week That Was - Oil palm, Berjaya Corp, Maxis
CRUDE palm oil’s (CPO) huge 75% jump in prices over the past one year is a boon for planters, but experts are almost in unison in predicting that prices will come down in the second half of the year, as current production and supply disruptions in the global edible oil market began to ease
26-03-2021
Palm eases for second day on cheaper crude oil, soyoil
Malaysian palm oil futures inched down on Thursday for a second straight session, as cheaper crude oil and soyoil contracts cancelled out optimism around improving March exports
26-03-2021
Optimistic outlook for TH Plantations
The growth prospects for TH Plantations Bhdhttps://cdn.thestar.com.my/Themes/img/chart.png looks promising, aided by the planter’s progressing strategic recovery plan and a boon from the multi-year high price of crude palm oil (CPO).
26-03-2021
Global palm oil fundamentals reflect bullish price outlook
GLOBAL palm oil supply-demand fundamentals are expected to keep prices high this year as production is expected to remain tight, while demand from buyers like China is high due to the need to replenish its depleted reserves.
26-03-2021
Palm oil production can grow without converting rainforests and peatland
Palm oil, the most important source of vegetable oil in the world, is derived from the fruit of perennial palm trees, which are farmed year-round in mostly tropical areas. The palm fruit is harvested manually every 10 days to two weeks, then transported to a mill for processing, and ultimately exported and made into a dizzying array of products from food to toiletries to biodiesel
25-03-2021
Soybeans rise on vegetable oil rally; corn consolidates
Chicago soybean futures gained for a fourth straight session on Wednesday supported by tightness in vegetable oil markets as traders anticipate U.S. planting data next week
25-03-2021
Palm oil imports increase 34pc to $1.58 billion in 8 months
The palm oil imports into the country increased by 34.03 per cent during the first eight months of the current fiscal year against the imports of the same period of last year.