Archived News
14-12-2020
State govt urged to continue good policies
KOTA KINABALU: Sabah should continue to implement good environment policies and initiatives such as the Sabah Biodiversity Strategy and the Jurisdictional Certification of palm oil to Roundtable on Sustainable Palm Oil (RSPO) standards for the well-being of the state and its people.
14-12-2020
Ambassador of Malaysia to the UAE His Excellency Mohd Tarid Sufian visits Malaysia pavilion site at Expo 2020 Dubai
DUBAI: – Ambassador of Malaysia to the United Arab Emirates (UAE) His Excellency Mohd Tarid Sufian and Consul General Mr. Mohd Hasril Abdul Hamid today visited the site of the Malaysia Pavilion at Expo 2020 Dubai.
14-12-2020
Stock Futures – U.S. soybean ending stocks tighten, USDA says
Stock Futures – U.S. soybean ending stocks tighten, USDA says The U.S. is working decrease on soybeans, whereas its corn stocks estimates stay unchanged. On Thursday, the USDA launched its December Provide/Demand and Crop Manufacturing Stories.
14-12-2020
Malaysia's palm oil stockpiles down to 1.56 million tonnes at end-November — MPOB
KUALA LUMPUR (Dec 10): Malaysia's palm oil end-stocks in November fell to a more than three-year low as production slumped and exports fell more than expected, data from the industry regulator showed on Thursday.
14-12-2020
Rice, soybean oil prices continue to soar in Dhaka
Unpacked soybean oil prices have increased by up to Tk 10 per litre in this period. The retail price of fine quality Miniket rice increased by Tk 400 to Tk 3,100 per sack of 50 kg. Prices of coarse varieties of rice also rose by Tk 1 or Tk 2 per kg.
14-12-2020
Research houses ‘neutral’ on Malaysia’s plantation sector
KUALA LUMPUR: Research houses have maintained a ‘neutral’ rating on the plantation sector as the palm oil supply tightness is expected to remain until year-end, given the weaker output during the post-peak production period.
14-12-2020
India Edible Oil: Eases; soybean down on tepid soymeal demand
NEW DELHI – Futures contracts of all components of the edible oil basket fell on domestic exchanges today.
14-12-2020
Malaysia's Oct factory output falls 0.5% y/y, in line with forecast
KUALA LUMPUR, Dec 11 (Reuters) - Malaysia’s industrial production in October fell 0.5% from a year earlier, mostly dragged down by lower mining output, government data showed on Friday.
10-12-2020
Export duty exemption worth RM325.2 mil utilised by oil palm industry
KUALA LUMPUR (Dec 9): The value of export duty exemption that has been successfully utilised by the national oil palm industry amounted to RM325.2 million as on Nov 27, 2020, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
10-12-2020
Tanzania: Tari Offers Palm Oil Seedlings
TANZANIA Agricultural Research Institute (TARI) has produced and distributed over 3 million Tenera hybrid palm oil variety seedlings to farmers based in Kigoma and other regions involved in cultivation of palm products in the country.
10-12-2020
FGV drops close to 4% after Felda announces takeover plan
KUALA LUMPUR (Dec 9): Shares of FGV Holdings Bhd did not react well upon trading resumption today, after the Felda Land Development Authority (Felda) announced yesterday of its plan to make a mandatory takeover offer (MO) for the group at RM1.30 per share.
10-12-2020
Pakistan soybean imports expected to bounce back
ISLAMABAD, PAKISTAN — Pakistan soybean imports are anticipated to ramp back up for marketing year 2020-21, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA).