Archived News
12-03-2021
[COMMENTARY] What Indonesia’s palm oil is losing in Swiss trade deal
Indonesia in return does not apply the same importing clauses on Swiss vegetable oils, such as rapeseed or sunflower.
12-03-2021
VEGOILS-Palm eases from 13-year high on dismal exports, weaker soyoil
Malaysian palm oil futures inched lower on Thursday after a six-session rally to a 13-year high, as weakness in rival soyoil and cargo surveyor data showing dismal March 1-10 exports outweighed bullish Malaysian Palm Oil Board data.
12-03-2021
Malaysian CPO stocks continued to rise in February
Malaysian crude palm oil (CPO) stocks continued to grow last month, rising 2.44% to 656,047 tonnes from 640,435 tonnes in January, according to the Malaysian Palm Oil Board (MPOB)
12-03-2021
Palm oil may rise into 4,008-4,048 ringgit range
A projection analysis on the uptrend from 3,210 ringgit suggests a further gain into 4,008-4,087 ringgit range. Support is at 3,929 ringgit, a break below which could cause a fall into a zone of 3,880-3,903 ringgit.
12-03-2021
Malaysia's Sime Darby Plantations says securities panel probes green disclosures
Malaysia's Securities Commission has begun an investigation into palm giant Sime Darby Plantations (SDP), the company said on Thursday, following a complaint by a non-government body in the wake of a US ban on imports over accusations of forced labour.
12-03-2021
Palm oil to be used in sustainable aviation fuel production
Indonesia's state energy company PT Pertamina has revealed plans to make oil products such as diesel and jet fuel out of palm oil.
11-03-2021
Palm oil rallies above RM3,900 a tonne, highest since March 2008
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied above RM3,900, the highest in 13 years since March 3, 2008 as the Malaysian Palm Oil Board (MPOB) reported lower-than-expected stock levels in the country.
11-03-2021
Malaysia end-Feb palm oil stocks fall 1.8% m/m to 1.3 mln T - MPOB
Malaysia's February palm oil stockpiles fell 1.8% from the previous month to 1.3 million tonnes, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on Wednesday.
11-03-2021
Govt-stakeholder partnership targets rejuvenating palm oil plantations
Rejuvenation of small plantations is also part of the national economic recovery program that can absorb several workers amid the pandemic
11-03-2021
CPO futures climb to highest in 13 years
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied above RM3,900, the highest in 13 years since March 3, 2008 as the Malaysian Palm Oil Board (MPOB) reported lower-than-expected stock levels in the country.
11-03-2021
February palm oil stocks fall as output hits 5-year low
Malaysia’s palm oil production has declined to its lowest in five years, Reuters reported.
11-03-2021
PM Haze launches haze-free foodstand campaign, encourages greater adoption of sustainable palm oil
The People’s Movement to Stop Haze (PM Haze) has launched a new campaign to focus attention on how local food businesses are helping to alleviate the problem of transboundary haze